What is happening with interest rates and how quickly might they fall?
19.11.2025Spending is comparatively weak right now, but inflation is above the 2% target. We believe it has peaked and will fall from here. If inflation stays on track, we should be able to gradually reduced interest rates further. But we can't say precisely when or by how much. That depends on how things evolve. So, we will continue to monitor developments in the UK and internationally.
