Will Auto Loans Go Down In 2024 Uk. The federal reserve lowered its key interest rate by a hefty half percentage point wednesday, moving ahead with its first rate cut in four years and cheering markets that expected an emphatic move amid a softening jobs picture. That’s because they reduce how much is spent across the uk.
Prices are spiralling in the uk due to a number of factors, which means the rate of inflation (how quickly prices go up) is too high. Looking towards 2024, the forecast for car finance rates in the uk is anything but straightforward.
