[Analyst: Weak UK Economy Likely to Prevent Aggressive Rate Hikes by Bank of England] Jin10 Data, April 7 – Ebury analyst Enrique Diaz-Alvarez stated in a report that despite inflation risks in the UK, the Bank of England is expected to remain cautious in raising interest rates. He pointed out that the UK's economic growth is weak and its labor market is fragile, which makes Bank of England members wary of aggressive rate hikes potentially pushing the UK into a recession. Data shows that investors have now fully priced in expectations for the Bank of England to raise rates twice by 25 basis points before September.