According to reports from Jinshi Data, Robert Wood of Pan Sen Macro stated that despite challenges to UK economic growth, the Bank of England may remain cautious. Investors generally expect a reduction of 25 basis points in the key interest rate at next month's meeting. A minority expect a cut of 50 basis points, but Wood considers this unlikely. Despite a dim confidence survey, the fundamental data shows that the UK economy was performing well before the recent turmoil, so the Monetary Policy Committee may avoid a significant rate cut.