The Bank of England is widely expected to deliver another interest-rate cut at its meeting on Thursday, 7 August, despite a recent acceleration in consumer-price growth. Analysts say policymakers believe higher taxes and mounting caution among households are dampening spending and hiring, leaving the economy in need of additional monetary support even as inflation remains above target. The anticipated move in London anchors a crowded global calendar. In the United States, July ISM services data on Tuesday will offer a fresh reading on activity, while China’s trade figures, Japan’s household-spending report and South Korean inflation numbers will help investors gauge the impact of tariffs and weather-related price pressures across Asia. Elsewhere, the Reserve Bank of India is expected to keep rates unchanged on Wednesday after June’s surprise cut, and an OPEC+ meeting later in the week could influence oil markets. About one-fifth of S&P 500 companies, including Novo Nordisk, Walt Disney and Eli Lilly, are due to report results, adding another layer of potential market catalysts.