What happens now interest rates have been cut?

Let's start with the simple bit: interest rates have been cut - down by another quarter percentage point to 4.5%. But what happens next?

Feb 6, 2025 - 15:28
 0
What happens now interest rates have been cut?
Let's start with the simple bit: interest rates have been cut - down by another quarter percentage point to 4.5%. But what happens next?