The Bank of England is likely to make its first cut to base rate in summer, according to the latest forecasts.
This week, the UK's central bank opted once again to hold the base rate at 5.25 per cent, marking its sixth pause in a row.
It means the base rate has been stuck at its current level since August last year. Economists are now divided on how far rates will fall in the second half of this year.
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When will interest rates fall? Forecasts for a base rate cut | This is Money