ECB and BoE Expected to Hold Rates Amid Stagflation Concerns

The European Central Bank and the Bank of England are poised to maintain current interest rates this month as they navigate the dual pressures of inflation and economic growth fears.

By Handelsavisen 2026-04-29 08:15 UTC · 1 min read

According to CNBC, the European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.

CNBC reported that the European Central Bank (ECB) and the Bank of England (BoE) are expected to keep interest rates unchanged in their upcoming monetary policy decisions.

The decision comes amid concerns over rising inflation and the threat of stagflation, with March data from the eurozone and the UK showing mixed economic signals.

Investors are, particularly in light of stalled Iran-U.S. peace talks, which have added to the uncertainty in global markets.