Bank of England Poised to Hold Rates at 3.75% as Oil Rebound Tests Policy Resolve
The Bank of England is widely expected to keep Bank Rate at 3.75% this week even after a recent jump in oil above $100 a barrel linked to the U.S.-Iran conflict. British inflation has eased to a 15-month low of 2.6% in June and remains below the BoE's earlier forecasts, but higher wholesale energy costs and market pricing for future hikes leave the…