Interest Rate Uk Forecast 2024 . 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%. 18, 2024 at 8:46 pm edt.
Uk interest rates should be cut to 3.5% by the end of next year, the international monetary fund (imf) has recommended. There is widespread consensus that the bank of england will cut interest rates by a quarter percentage point (0.25%) in september,.
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