Projected Interest Rates 2024 Uk Gov. The question now is how long the bank of england will hold rates at 5.25%. Walz as the vice presidential candidate ahead of the 2024 election.
Bank rate was almost zero (0.1%) at the beginning of december 2021. In 2025 it is expecting interest rates to fall to 4pc, gradually coming down by 0.25 percentage points each quarter to hit 3.25pc by the end of 2025.