The situation in the Middle East has led to an increase in energy prices, and there is a debate within the Bank of England on whether to raise interest rates before the end of the year. The Monetary Policy Committee will meet this week to discuss key interest rates and the pace of reducing the balance sheet. Sanjay Raja, an economist at Deutsche Bank, said that the Bank of England's patience may be running out, and the reason for not taking action is slowly weakening. Currently, market pricing shows that the possibility of raising interest rates on Thursday is less than one-third, and the duration of the key interest rate remaining at 3.75% has become a focus of debate. (Source: Financial Times)
