Golden Finance reported that Morgan Stanley expects the Bank of England to vote 6:3 to support unchanged interest rates. But there may be a dovish adjustment in policy rhetoric, suggesting that action may be taken in November. "Given all the data since August and the scale of existing restrictions, we believe that the market should price a slightly higher rate cut in September. But even so, we think the probability of a rate cut will not exceed 30%." Morgan Stanley expects the Bank of England's QT to be 100 billion pounds next year, compared with a previous forecast of 90 billion, but still believes that the risk tends to be lower. "November is a key meeting of the Bank of England this year, and we expect it to lay the foundation for a faster pace of rate cuts as anti-inflationary momentum in service prices is strengthening. We expect rate cuts in November and December, with the bank rate reaching 3.25% by August next year." (Jinshi)