The Bank of England holds steady, reiterates it is "ready to act at any time" to tackle inflation.

The Bank of England holds steady, reiterates it is "ready to act at any time" to tackle inflation.

```

The Bank of England kept its policy rate unchanged at 3.75%, in line with market expectations. After the decision was announced, the pound held steady against the US dollar, currently at 1.3227. The central bank reiterated its guidance that it is "ready to take action at any time" to address inflation.

Bank of England Governor Bailey stated that despite the ceasefire, pressure from the Iran conflict still exists.

More information will be continuously updated.

Risk Notice and DisclaimerThe market involves risks, and investment should be approached with caution. This article does not constitute individual investment advice, nor does it take into account the specific investment objectives, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article suit their particular circumstances. Investing based on this information is at your own risk. ```