How Many Rate Cuts In 2024 Uk. According to the financial times, futures markets continued to price in roughly six interest rate cuts in 2024. The first decision is on thursday, and few expect there will be any changes from the current rate of 5.25%.

The boe will deliver two more cuts by end 2025 as it eases policy gradually towards a more neutral rate. The timing and depth of the recessions many investors expect to befall europe and the uk in 2024 will dictate when the first rate cuts arrive, according to chris teschmacher, a fund.