Lindsay James: The Bank of England is expected to keep interest rates unchanged in the coming months.

Quilter analyst Lindsay James stated that the Bank of England is expected to keep interest rates unchanged in the coming months, as it awaits more UK economic data and assesses the impact of the Middle East conflict. Domestic political uncertainty in the UK limits the Bank of England's ability to adjust interest rates, leading it to adopt a wait-and-see approach. LSEG data shows that the market expects the Bank of England's cumulative interest rate hikes to be around 0.29% by December.