Interest Rates 2024 Prediction Uk Government. Interest rates converge on a rate similar to the expected inflation rate and lower than nominal gdp, due to stronger public finances and lower potential growth rates. The prediction for 2026 to 1.1% from.
Interest rates in the uk currently sit at 5%, following the boe’s only cut of 2024 on august 1. This statistical release contains average interest rates across deposit or loan accounts with uk banks and building.