Will The Fed Lower Interest Rates In 2024 Uk. The bank of england is set to keep interest rates unchanged this week as it hunts for clearer signs that pay growth and services inflation are cooling sufficiently to. Traders in swaps markets have moved to bet on five or six rather than six or seven quarter point rate cuts by the federal reserve over the course of the year.
But at this point, rates are restrictive with inflation continuing to ease. The bank of england is set to keep interest rates unchanged this week as it hunts for clearer signs that pay growth and services inflation are cooling sufficiently to.
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