The Federal Reserve, Bank of England and Bank of Japan held interest rates steady as higher energy costs and the Middle East war renewed inflation risks.

Bloomberg · 2 days ago
  • Monetary policymakers in the US, UK and Japan kept interest rates unchanged this week while assessing renewed inflation risks linked to higher energy costs and the war in the Middle East.
  • The Federal Reserve held borrowing costs steady, but three officials voted for higher rates.
  • The Bank of England and Bank of Japan also held rates steady, and several Bank of England policymakers favored tighter policy.