Will Interest Rates Go Down In 2024 Uk. However, most experts agree that interest rates have peaked and will start to go down at some point in 2024. The bank said it expected inflation to fall slightly below 2% by the summer, but warned that the conflict.

All the forecasters i has spoken to expect interest rates to fall below 5 per cent this year, with cebr and goldman sachs. All 65 economists in a reuters poll said the boe will likely hold rates at 5.0% on sept.