Interest Rates In 2024 Uk Dollar. Us employment report came out slightly weaker than expected setting the stage for 0.25% rate cut; — for 2024, traders expect 113 bps of easing, up from around 100 bps.
— 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 1/2 year low. Base rate rises have been a dominant and recurring theme during the past two years, but cuts could arrive as soon as may 2024.
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