News story

Bank of England Bank Rate

The significance and impact of the Bank of England Bank Rate is the topic of our latest blog.

From:
Government Actuary's Department
Published
25 July 2022
Bank of England Building Front

We explore the importance of the Bank Rate, or base rate, as a tool for the Bank of England to control inflation. This base rate is just part of the Bank of England’s role in maintaining monetary stability and overseeing the UK’s financial functions.

Published 25 July 2022