[Economist: Bank of England Likely to Hold Rates Steady This Year, Rate Cuts Will Have to Wait] Jin10 News, April 27 – Berenberg economists noted in a report that the Bank of England is likely to maintain interest rates at 3.75% through 2026 before resuming rate cuts in the future. According to data from the London Stock Exchange, due to high global energy prices and concerns over inflation, the market has fully priced in two 25-basis-point rate hikes by the Bank of England this year. Berenberg economists stated that the UK is facing economic weakness and a slowdown in the labor market, factors that could suppress a significant rise in inflation. The economists also mentioned that members of the Bank of England's Monetary Policy Committee may wait for data to indicate weakening demand and inflation before resuming rate cuts.