A survey by the news agency Reuters has found that 59 of the UK’s leading economists believe that interest rates may be cut again as soon as November. They predict a cut from the historic low of 0.25% to 0.1%.
They are also predicting that rates may stay as low as 0.1% until November 2018!
However only two predicted a further rate cut when the Bank of England monetary policy committee meet this month.
Watch this space!