Bank of America: The Bank of England not raising interest rates may not severely hit the pound

```htmlGolden Ten Data reported on June 17 that analysts at Bank of America stated in a report that the Bank of England is unlikely to follow the European Central Bank in raising interest rates this Thursday, but this will not substantially damage market confidence in the pound. Currently, the market is concerned about the possibility of policy mistakes by the European Central Bank. Analysts indicated that the "second-round effects" triggered by high energy prices will be closely monitored, which should support further rate hikes by the UK in the future. However, if the Bank of England can adopt a more balanced stance between the risks of high inflation and weak employment, the market will welcome this. If price shocks persist, the Bank of England may be seen as lagging behind, but that is not the case at present. Bank of America expects the Bank of England to keep rates unchanged this Thursday, but to raise rates in July and September.```