Interest Rates 2024 Predictions Uk. According to the monetary policy report published by the bank of england in november 2023, the interest rates were projected to fluctuate around 5.5% to 5.75%. The bank of england this week is likely to resist signaling imminent interest rate cuts despite the arrival of new data that is expected to show inflation sinking to a 2.
The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to an end. What will happen to the bank rate in 2024?
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