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Barclays Bond Rates 2024 Forecast. Major economies have made great progress on inflation, which should continue to trend down in 2024, getting closer to the central banks' 2% target. Barclays expects the bank of england to hold interest rates at its december meeting, revising its prior forecast of a cut, citing the central bank's cautious tone that.

Finally on rates, the us federal reserve, the bank of england and the european central bank have all cut interest rates in 2024. We forecast that global consumer prices will rise by 2.6% this year, and 2.4% in 2025 (see table).