When will the base rate be cut? | March 2024 Bank of England announcement

For the fifth meeting in a row, the Bank of England voted to keep the base rate at 5.25%. Find out when they think it (and inflation) will eventually fall

Plus what this means for savings and mortgages.

W A T C H N E X T

Get the best savings account https://youtube.com/playlist?list=PLNWBCrN2Fq0AnQUocQMipBfXZR-v3HTqA
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Should you overpay your mortgage? https://www.youtube.com/watch?v=PhdLHlfinkk&t
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#UKInflation #UkInterestRate #Ukbaserate

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00:00 the March 2024 Bank of England decision
01:08 Why they made the decision
04:00 Will the base rate fall?
04:58 How it impacts savings
08:47 How it impacts mortgages

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A B O U T A N D Y

Andy Webb is a money blogger and journalist. He runs the award-winning website Be Clever With Your Cash, hosts the Cash Chats podcast, presented Channel 5’s Shop Smart Save Money and writes every month for Reader's Digest. Andy also founded the community ukmoneybloggers.com.

DISCLAIMER
Content in these videos does not constitute regulated financial advice. Any offers mentioned were correct at the time of filming.