[Analyst: Bank of England Unlikely to Raise Rates Amid High Inflation Risks] Jin10 News, March 13 – Peter Goves of MFS Investment Management stated in a report that although energy price shocks may keep inflation elevated, the Bank of England seems unlikely to raise interest rates in the short term. Goves noted that with rising unemployment, the demand backdrop in the UK remains weak, and high energy costs could further suppress consumer spending, reducing the likelihood of the Bank of England raising rates to combat inflation.