Will Interest Rates Rise Or Fall In 2024 Uk. If you’re shopping around for a new mortgage or want to remortgage,. The bank of england raises and lowers interest rates in an attempt to keep inflation as close to its 2%.
There is widespread consensus that the bank of england will cut interest rates by a quarter percentage point (0.25%) in september, taking it to 4.75%. Inflation, which measures how prices rise over time,.