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BoE: Holding rates as energy risks evolve – Standard Chartered

Standard Chartered’s Christopher Graham expects the Bank of England to keep rates unchanged at its 19 March meeting, with a 7–2 split as two members likely back a 25 bps cut. The bank is seen looking through a short-term energy shock while monitoring Middle East risks, softer UK labour data and lessons from 2011 and 2022. Further easing is forecast, but timing is uncertain. [...]