2024 Interest Rate Forecast Uk. Updated on 1 august 2024.  — uk interest rates should be cut to 3.5% by the end of next year, the international monetary fund (imf) has recommended.

 — 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.  — according to the monetary policy report published by the bank of england in november 2023, the interest rates were projected to fluctuate around 5.5% to 5.75%.