Will interest rates rise this year? Here’s what the experts say

The Bank of England’s committee is due to meet on Thursday this week to decide over interest rates, with the Monetary Policy Committee (MPC) able to lift, cut or keep the base rate at 3.75 per cent, where it has been since just before Christmas last year.But conflicting domestic and global pressures could force a change sooner rather than later, with stagnant growth and concerning unemployment levels being met head on by inflation threats – primarily through rising energy costs – and supply chain worries.While the BoE are expected to keep rates on hold this week, further down the line it’s inflation in particular which might force members to vote to raise rates once more.So when do the experts think that could happen?Economists at Barclays are expecting this week’s vote to shed some light