Uk Interest Rates Prediction Forecast 2024

Uk Interest Rates Prediction Forecast 2024. Sun, 25 aug 2024 09:31:30 gmt btc and $65k: In line with our july scenarios, we think that the boe will deliver a total of two 0.25 percentage point cuts by the end of the year, taking the bank rate to 4.75 per cent.

Uk interest rates were cut on 1 august 2024 for the first time since 2020, bringing relief to many households and businesses struggling with. While it’s not possible to make accurate uk mortgage rate predictions for the next 5 years, the office for budget responsibility has forecast that mortgage rates on average are expected to.