Lindsay James: The Bank of England expects to keep interest rates unchanged in the coming months

Quilter analyst Lindsay James said that the Bank of England is expected to keep interest rates unchanged in the coming months, waiting for more economic data from the UK and assessing the impact of the Middle East conflict. The political uncertainty in the UK limits the Bank of England's ability to adjust interest rates, and the Bank of England tends to be cautious. LSEG data shows that the market expects the Bank of England to raise interest rates cumulatively by about 0.29% by December.