[Deutsche Bank: Bank of England's March Rate Cut May Face Uncertainty, Terminal Rate Could Be Raised] Jin10 News, March 3 – Sanjay Raja of Deutsche Bank pointed out in a report that if energy prices remain at current levels, the Bank of England's pace of rate cuts will slow down. He stated that the March rate cut faces uncertainty, with one major consideration for policymakers being that rising energy prices could make inflation expectations more persistent. The timing of the next rate cut to 3.5% may be delayed to sometime in the second quarter of this year, while the final rate cut might not occur until the fourth quarter. Raja believes that if energy prices surge to $100 per barrel, the next rate cut might be postponed to the second half of 2026, and the terminal rate could be raised to 3.5%. However, he also mentioned that if the surge in commodity prices reverses, the Bank of England might stick to Deutsche Bank's baseline expectation of achieving a terminal rate of 3.25% through two rate cuts.