Interest Rates Uk Forecast 2024

Interest Rates Uk Forecast 2024. In 2025, the bank saw uk interest rates at 2.5%. Fact checked by alexandra pankratyeva.

Currently the financial markets latest uk interest rate forecast is for uk rates to remain at current levels of 5.25% until august 2024 where markets are predicting the first interest rate cut of around 0.25%, bringing uk interest rates back down to 5%. For the 7.5mn households with a mortgage, the interest rate outlook is turning into what politicians.