{
  "id": 7300960,
  "title": "Bank of England predicted to raise interest rates this year",
  "url": "https://urgent.news/2026/09/14/bank-of-england-predicted-to-raise-interest-rates-this-year",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T11:00:02.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/bank-of-england-predicted-to-raise-interest-rates-this-year/"
  },
  "original_language": "en",
  "account": "Goldman Sachs has forecast that the Bank of England will raise interest rates to four percent by the end of the year, driven by concerns that inflation could surge beyond projections. This comes as the bank revised its inflation forecast for the beginning of 2027 upwards to 3.9 percent, reflecting heightened expectations of interest rate hikes to curb inflationary pressures stemming from the energy price shock caused by the Iran conflict. Analysts are divided, with some believing the Bank may signal a tightening of monetary policy later this week, while others argue that the Bank's patience may be waning as growth resilience could increase policymakers' nervousness over higher inflation.",
  "summary": "The Bank of England will raise interest rates to four per cent by the end of the year, a top Wall Street bank has warned. Goldman Sachs has upgraded its interest rate expectations amid concerns that inflation could jump higher than previously expected. The bank said an interest rate hike this year was more likely [...]",
  "key_points": [
    "Bank of England may raise rates to 4% by year-end",
    "Inflation forecast raised to 3.9% for 2027",
    "Monetary policy tightening debated"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "This Is Money",
        "title": "Oil surges to $108, threatening fresh inflation shock - will Bank of England now hike rates this year?",
        "url": "https://urgent.news/2026/09/14/oil-surges-to-108-threatening-fresh-inflation-shock-will-bank-of",
        "published": "2026-09-14T09:15:38.000Z"
      },
      {
        "outlet": "City AM",
        "title": "Bank of England poised to slow bond sale programme",
        "url": "https://urgent.news/2026/09/14/bank-of-england-poised-to-slow-bond-sale-programme",
        "published": "2026-09-14T13:02:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}