Will Interest Rates Be Cut In 2024 Uk. When is the next monetary policy committee (mpc) meeting and will interest rates continue to fall? Following the bank's latest comments, financial markets now expect rates to be cut to 5% by august and then trimmed to 4.75% in november or december.

Such a move could see the bank. The bank of england this week is likely to resist signaling imminent interest rate cuts despite the arrival of new data that is expected to show inflation sinking to a 2.