Economist: The Bank of England has succeeded in letting the market play its role

Golden Ten Data reported on March 19 that Callum Pickering, Chief Economist at Peel Hunt, stated: The decision on whether the Bank of England should raise or cut interest rates purely depends on how long this war lasts. At present, apart from pure speculation, there is absolutely no basis for making such a judgment. In this situation, the Bank of England should absolutely let the market play its role, that is, adjust in real time according to information and consider both possibilities of raising and cutting rates, and it has indeed done so.