Interest Rates 2024 Prediction Uk Government

Interest Rates 2024 Prediction Uk Government. Look at the estimated figures from the bank and you’ll see that interest rates are expected to stay at over 3% well past 2027. Uk interest rates were cut on 1 august 2024 for the first time since 2020, bringing relief to many households and businesses.


Interest Rates 2024 Prediction Uk Government

Subdued economic growth and troublingly persistent inflation suggest the uk may well fall victim to stagflation in 2024 if the labour market deteriorates further. Look at the estimated figures from the bank and you’ll see that interest rates are expected to stay at over 3% well past 2027.

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