With inflation impacting markets and international interest rates for more than a year, how are different central banks expected to act in the future? Although the outlook on inflation remains uncertain, the International Monetary Fund (IMF) expects most advanced economies to begin gradually easing interest rates by mid-2024. These charts show the IMF’s projected central bank policy rates for four major economies through 2028, using the World Economic Outlook forecast data as of October 2023. Interest Rates Forecasts for 4 Major Economies (2024‒2028) Since 2022, interest rates have climbed in the EU, the UK, and ... (full story)