According to CoinMeta, institutional analyst Andrew Wishart suggests that the Bank of England may maintain the key interest rate at 3.75% on Thursday, but it could issue a warning that there is a possibility of raising rates if energy prices surge significantly or a second round of inflation effects occurs. However, such a warning does not mean that the likelihood of a rate hike is high. The threat alone, combined with rising oil prices, is sufficient to drive up interest rate expectations and mortgage borrowing costs, thereby reducing inflation risks. In fact, the Bank of England might resume rate cuts in December and lower the policy rate to 3.0% by mid-2027.