Interest Rates 2024 Forecast Uk

Interest Rates 2024 Forecast Uk. 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 1/2 year low. By the end of 2024 the base rate is predicted to fall to nearly 4.60% before slowly falling to around 3.23% in 2029, as shown in the table below.


Interest Rates 2024 Forecast Uk

Updated on 1 august 2024. Standard variable rate (svr) is 8.18%.

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