Bank set to hold interest rates despite intensifying Middle East war

Economists anticipate that a majority of the Bank's rate-setting committee will decide to maintain the base interest rate at 3.75%. This expectation remains constant despite the intensifying conflict within the Middle East. The consensus among financial experts suggests that the current monetary policy will be held steady, as the committee evaluates the economic impact of the geopolitical instability while aiming to keep the base rate unchanged during the upcoming session.