Geri Sondra

Westpac Cash Rate Forecast 2025 Uk. If westpac’s forecast for rate rises in march, april and may comes true, the cash rate would hit its highest level in more than a decade. The overview includes an updated our forecast for the official cash rate.

Despite increasing its inflation forecast, the bank of england cut interest rates in february 2025 for the third time since the summer, bringing the base rate from 4.75% to 4.5%. In this article, we explore the uk interest rate forecast for the next five years, considering the uk’s economic outlook, the boe’s policy stance, the global context and latest developments to give you a complete overview of the uk.