The Bank of England is anticipated to maintain its interest rates at 4.5% amidst global uncertainties, specifically linked to US President Donald Trump's tariff policies and the forthcoming UK tax hikes. Experts predict that the Monetary Policy Committee will exercise a cautious strategy, closely monitoring the rise in UK inflation rates driven by factors such as energy prices. Analyst Sandra Horsfield highlighted the increase in the Consumer Prices Index inflation to 3% in January as posing challenges for the Monetary Policy Committee.