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9 maj 2024 · Current inflation rate 1.7% Target: 2% What are interest rates? Interest is what you pay for borrowing money, and what banks pay you for saving money with them. Interest rates are shown as a percentage of the amount you borrow or save over a year. So if you put £100 into a savings account with a 1% interest rate, you’d have £101 a year later.
Interest Rate in the United Kingdom is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Interest Rate is projected to trend around 3.00 percent in 2025, according to our econometric models.
19 wrz 2024 · The Bank of England has held interest rates at 5%, in a widely-anticipated move. The Bank's Monetary Policy Committee, which makes the decision, voted 8 to 1 in favour of no change. Bank of...
21 mar 2024 · The Bank of England holds interest rates at 5.25% for the fifth time in a row. The central bank's Monetary Policy Committee voted by a majority of 8–1 to keep rates unchanged.
20 cze 2024 · The Bank of England has held interest rates at 5.25% for the seventh time in a row. Despite inflation hitting the central bank's target level of 2% for the first time in three years, the rates -...
23 mar 2023 · The Bank of England raises interest rates for an 11th consecutive time - from 4% to 4.25%. The rate rise follows a surprise jump in inflation last month to 10.4%, pushed up by salad and...
16 paź 2024 · Breaking news and updates from the Bank of England on the UK's interest rate. In-depth analysis and opinion on policymakers' decisions and implications for the UK economy.
