The Bank of England will announce the interest rate decision at 20:00 Beijing time today, and the market is expected to cut interest rates by 25 basis points in an 8-1 vote. However, the recent expansionary fiscal policy announced by the British government and the tight government bond market are intertwined, making the follow-up interest rate path full of uncertainty. The Bank of England will also release the latest economic forecast, which is expected to be raised from the forecast in August.