Higher for longer. That's the only sensible assumption to make about the path for UK interest rates.
Hamish McRae is a Business and Economics Journalist at The i Paper. He specializes in business and economics, covering themes such as the housing market, economic policy, and personal finance, while also delving into the global economy and financial markets. Hamish's insights and analyses have been featured in prominent publications including The Independent, Yahoo News, and The Spectator.