The Bank of England is expected to hold interest rates at 4.25% during its upcoming announcement, following a cut from 4.5% earlier this year.

• The decision will be made by the Monetary Policy Committee at 12:00 BST.
• Analysts predict further rate cuts later this year due to persistent inflation, currently at 3.4%.
• Economic pressures include a 0.3% contraction in the economy and rising food prices, while global tensions may also impact inflation rates.

The Federal Reserve has kept its key interest rate unchanged at **4.3%** for the fourth consecutive time, despite worsening economic forecasts. This decision reflects ongoing concerns over inflation and economic growth.

• Inflation remains above the Fed's target at **2.4%** as of May.
• President Donald Trump criticized Fed chair Jerome Powell and urged for rate cuts.
• Projections indicate economic growth may slow to **1.4%** this year, and unemployment could rise to **4.5%**.