2024 Interest Rates Forecast Uk. Current inflation rate 2.2% target: The central bank had cut rates from 5.25% in august, pushing.

Headline consumer price inflation will stand at 7.7 per cent this year in the uk before dropping sharply to 3.7 per cent in 2024, according to the imf’s latest world. The us federal reserve will on wednesday make its final interest rate announcement before the us election in early november.