Interest Rates Could Remain at 4 Percent Until 2026, Economists Say

Millions of mortgage holders are still expected to refinance onto higher rates in the coming years Gareth Fuller/PA

UK interest rates are set to be held at 4 percent until 2026 as lingering concerns about the economy prompt policymakers to act cautiously, economists have said.

The Bank of England’s Monetary Policy Committee (MPC) will announce its latest decision on Sept. 18.