Interest Rates 2024 Prediction Uk Calculator. Uk interest rates are expected to be cut at least once this year. Based on the various factors considered above, we expect five year fixed mortgage rates of between 4.25% and 4.75% for the better part of 2024.
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. The inflation target of 2% was finally reached in may 2024.
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