[Institution: Bank of England May Not Raise Rates This Year] Jin10 News, June 18 – Emma Mogford of the Premier Miton Monthly Income Fund stated that the Bank of England may not need to raise interest rates this year after the central bank kept rates unchanged at 3.75% on Thursday. 'The price increases later this year, driven by the Iran war, may be offset by weakening demand. Additionally, given the relatively soft labor market, wage growth expectations are also only moderate.' The Bank of England made this decision with a vote of 7 in favor and 2 against, with two policymakers leaning toward a 25 basis point hike.