US and UK central banks expected to keep interest rates on hold amid Iran peace deal (opens original article in a new tab)

US and UK central banks are expected to keep interest rates on hold as a Middle East peace deal eases inflation concerns, while the ECB raised rates amid rising eurozone inflation.

• US and UK central banks to keep interest rates unchanged this week.
• Iran peace deal expected to ease inflationary pressures in the Middle East.
• ECB raises interest rates to 2.25% as eurozone inflation hits 3.2%.