The bank of england held the base rate at 5.25% at its may meeting. Here's what you can currently get, based on how long you're willing to lock your cash up.
2% what are interest rates? The big question of 2024 for the bank is:
Our Experts Regularly Scour The Market For The Best Rates So You Don't Have To.
When exactly will it start to cut rates?
Current Inflation Rate 2% Target:
Stronger than expected us jobs data helps weaken case for lower rates after sharp rally in bond market.
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The Bank Of England Holds Interest Rates At 5.25% For The Fifth Time In A Row;
How fast are prices rising in the uk?
In The Eurozone, Inflation Now Stands At 2.6%, While In The Uk, Inflation Has Fallen To 2.3%, A Long Way Down From A Peak Of Over 11% In Late 2022.
Following the bank’s latest comments, financial markets now expect rates to be cut to 5% by august and then trimmed to.