Will The Fed Lower Interest Rates In 2024 Uk. The bank of england's rate decision, due later today, will be closely watched as the bank is set to maintain the policy rate at 5%, compared with the fed's new range. The less sanguine view on rate cuts comes as stronger than expected us jobs data this week weakened the case for the fed to start cutting rates soon.
The big question of 2024 for the bank is: The fed will pivot to monetary easing as.