# Interest rates held at 3.75% but Bank warns Iran war could mean future hike

By Susannah Streeter — 2026-09-17

Susannah Streeter, chief investment strategist at Wealth Club, insists the Middle East conflict holds the key to future rate decisions.

She said: “The longer the war with Iran continues to rage and keeps crude and gas prices elevated, the greater the chances of a hike later this year and next, especially if data shows consumer price inflation continues to rise.”

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