The Bank of England has a meeting. It happens soon. They talk about interest rates. Interest rates are how much money costs when you borrow.
This meeting is in England. It happens every month. The Bank of England decides what to do with rates. Now, they think rates will stay the same.
It is important because it affects how much people pay. If rates go up, loans cost more. If they stay the same, nothing changes.
People want to know what the Bank decides. It helps them with planning money. Businesses also care about rates for their future.
To sum up, the Bank talks about rates. People wait to see the result. It is important for everyone.