Fed Lowering Interest Rates 2024 Uk. 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. Current bank rate 4.75% next due:
Today’s announcement from the bank of england that the mpc has decided to cut uk interest rates from 5% to 4.75% had been widely anticipated. 2% what are interest rates?
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