Interest Rates 2024 Uk Bank. — 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. — 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 mood in what is.
Below i explain what you should be doing now before going on. 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.