As the financial world braces for the Bank of England's (“BOE”) meeting on 21st March, analysts are closely scrutinising signals of potential policy shifts. Despite nearing the 2% inflation target, the consensus among experts, as indicated by Reuters polling, suggests that the BOE is likely to maintain a status quo on interest rates for the time being. However, a dovish tilt is emerging, with expectations leaning towards a cautious approach to rate adjustments. This sentiment reflects the BOE's desire for more concrete evidence of inflation control before contemplating any significant monetary policy changes.

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