Interest Rate Predictions 2024 Canada Uk. Breaking news and updates from the bank of england on the uk's interest rate. Trading economics provides data for 20 million economic indicators from 196 countries.
Markets are expecting interest rates to fall to 5pc by may, 4.75pc in june, 4.5pc in august and 4pc in november. Uk interest rates should be cut to 3.5% by the end of next year, the international monetary fund (imf) has recommended.