On the eve of the Bank of England's interest rate decision, the market expects the interest rate to remain unchanged at 3.75%

The Bank of England will hold an interest rate decision on Thursday, and the market expects the interest rate to remain unchanged at 3.75%. St James' Place economist Hetal Mehta said there is currently not enough momentum to support a rate hike. The Chief Economist of the Bank of England, Peel, and the Monetary Policy Committee member, Green, have hinted that they will demand an immediate interest rate hike. Monetary Policy Committee member Mann has stated that if the energy crisis worsens, the possibility of raising interest rates at some point cannot be ruled out.