Economists predict that the Bank of England will keep interest rates unchanged this week and maintain a hawkish stance.

Economists predict that against the backdrop of Middle Eastern conflict and soaring energy prices, the Bank of England will keep its interest rate unchanged at 3.75% at this week's meeting and maintain a hawkish stance. Since the June meeting, global oil prices have rebounded to nearly $100 per barrel, and European natural gas prices have reached their highest levels since the onset of the conflict. The UK's GDP grew by 0.7% in May, and the CPI dropped to 2.6% in June. The Monetary Policy Committee will signal that if energy prices rise sharply or price shocks evolve into persistent problems, the committee will be prepared to tighten policy.