"Inflation Looms" Clouds Over Bank of England: Thursday Standstill Unambiguous, Internal Hawk-Dove Signal Key"

Zhitong Finance APP learned that on Thursday, the Monetary Policy Committee (MPC) of the Bank of England will announce its latest interest rate decision. It is widely expected that the benchmark interest rate will remain unchanged at 3.75%, but with the unexpected cooling of inflation in April facing a strong backlash from soaring energy bills, the UK economy contracted for the first time in eight months in April, the labor market continues to cool, and internally, the Bank of England is undergoing its most divisive hawk-dove confrontation since the outbreak of the conflict in the Middle East.