# City economists say rates are unlikely to reach 4.75% by next summer

https://mins.news/en/item/114673

- The Guardian, 2026-10-25 12:00 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/oct/25/interest-rates-bank-of-england-rises-summer-2027

> 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.