Interest Rates 2024 Uk. โ although uk inflation briefly hit the bank's 2% target in may and june, it is forecast to remain slightly above that level for the rest of 2024, before settling back down in early 2025. Interest rates influence how much people spend, and that changes how shops and other businesses set their prices.
Below i explain what you should be doing now before going on to explain what will ultimately. โ 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.