Interest rates set to fall even further – what does that mean for you?

The base rate started falling for the first time in four years last summer (Picture: Getty Images)Interest rates could be about to fall for a fourth consecutive time if the Bank of England decides the economy is healthy enough for another cut.The Bank’s governor Andrew Bailey will announce later this day whether its Monetary Policy Committee has decided on a reduction.
Analysts believe the rate may be cut by a further 0.25%, bringing the figure to 4.25%.It marks another fall for the base