Interest Rate Cuts 2024 Uk Banks. Financial markets and traders are still expecting it to cut its base rate in 2024 due to the inflation rate falling sharply since peaking at 11.1% in october 2022, which was the highest. Central bank expected to keep rates at 5% on thursday.


Interest Rate Cuts 2024 Uk Banks

Jeremy hunt has raised the prospect of the bank of england reducing interest rates in 2024, saying a cut would be a crucial moment in shifting the economic. Inflationary pressures are beginning to wane but not all central banks have.

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