Danske Research summarizes its expectations for next week's BoE policy meeting.

"We acknowledge that the probability of the BoE keeping the policy rate unchanged has risen notably the past week only amplified by the more cautious nature of the MPC," Danske notes.

"For now, we stick to our call and continue to expect the BoE to hike the Bank Rate a final time by 25bp at its next meeting on 23 March but note that the decision next week is highly dependent on the fallout following the collapse of the SVB," Danske adds.