Gelonghui May 23| said Rob Wood, an analyst at Pantheon MacroeconomicspokerroomThe Bank of England has more reasons to keep interest rates unchanged next month. previouslypokerroomBritish Prime Minister Sunack called for early elections in early July. Wood said that while the central bank is independent of the government, it may want to avoid politicizing the decision to cut interest rates. He said that, along with Wednesday's stronger-than-expected inflation data, served as a reason to keep rates unchanged and cut rates starting in August.
