Interest rates are likely to rise once more, according to economics editor Faisal Islam, who expects the next increase to be the last in the current cycle.
Islam’s assessment focuses on how high rates may ultimately go. While he considers one further rise likely, he does not anticipate a continuing series of increases beyond that point.
The supplied analysis does not provide details of the expected rate, timing or the reasons behind the forecast. It indicates only that a further increase is considered probable before rates reach their peak.