EconomyCity economists say rates are unlikely to reach 4.75% by next summer
City economists say markets are overestimating how far the Bank of England will raise rates. Market pricing points to 4.75% by next July and possibly 5% by the end of 2027, but several economists expect a milder tightening cycle, with rates potentially falling again by the end of 2027.
City economists say rates are unlikely to reach 4.75% by next summer
Economy