At a time when oil and gas prices fluctuate sharply, the Bank of England is expected to keep interest rates unchanged and continue to adopt a wait-and-see strategy. Investors and economists generally expect the Bank of England's monetary policy committee to keep the benchmark interest rate at 3.75% on Thursday. The outlook for inflation still largely depends on the development of the Middle East conflict. The Bank of England will announce the interest rate decision and the latest economic forecast at 12 noon London time. Governor Andrew Bailey will hold a press conference one hour later.

At a time when oil and gas prices fluctuate sharply, the Bank of England is expected to keep interest rates unchanged and continue to adopt a wait-and-see strategy. Investors and economists generally expect the Bank of England's monetary policy committee to keep the benchmark interest rate at 3.75% on Thursday. The outlook for inflation still largely depends on the development of the Middle East conflict. The Bank of England will announce the interest rate decision and the latest economic forecast at 12 noon London time. Governor Andrew Bailey will hold a press conference one hour later.