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Government Actuary's Department

Bank of England Bank Rate

Monday, 25 July 2022
13:51
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Bank of England Bank Rate
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The significance and impact of the Bank of England Bank Rate is the topic of our latest blog.

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.

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