People walking near the Bank of England building
The Bank’s monetary police committee is due to make its next rates decision on 17 December. Photograph: Laura Rose Whereatt/The Guardian
The Bank’s monetary police committee is due to make its next rates decision on 17 December. Photograph: Laura Rose Whereatt/The Guardian
Interest rate rises likely in coming months, Bank of England economist says

‘We have further to go,’ says Huw Pill after increase to 4% last month as Bank seeks to tackle rising inflation

The Bank of England will probably need to raise interest rates next month and again in early 2027 to combat rising inflation, its chief economist has said.