Bank of England Predicted to Cut Interest Rates
Update: 2025-12-18
Description
The Bank of England is poised to cut interest rates, potentially lowering mortgage costs for many homeowners. This move comes after a surprising drop in inflation, which could lead to a quarter to half-point reduction in rates, from four percent to three point seven five percent. The pound weakened against the dollar, and the FTSE one hundred saw early gains, particularly benefiting housebuilders. While mortgage rates may reach three percent by the end of 2026, the era of ultra-low rates is likely over. Experts predict a gradual downward trend in rates, with a new normal settling around three point five percent in the coming years.
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