Cd Rates 2024 Forecast Uk. 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. By the end of 2024 the base rate is predicted to fall to nearly 4.70% before slowly falling to around 3.46% in 2029, as shown in the table below.
Today’s best interest rates on cds—certificates of deposit—range as high as 5.39%, depending on the cd’s term. Should you lock in a certificate of deposit?