Projected Interest Rates 2024 Uk Today. Borrowers should remain prepared for higher rates as the base rate is expected to stand at four per cent in 2028 The inflation target of 2% was finally reached in may 2024.

Uk interest rates should be cut to 3.5% by the end of next year, the international monetary fund (imf) has recommended. By the end of 2024 the base rate is predicted.