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WEBOur database. Exchange rates. Yield curves. Bankstats tables. The Bank of England (BoE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the people of the United Kingdom.
Interest rates and Bank Rate | Bank of England
WEB14 Dec 2023 · What is Bank Rate? Bank Rate is the single most important interest rate in the UK. In the news, it's sometimes called the ‘Bank of England base rate’ or even just ‘the interest rate’. Our Monetary Policy Committee (MPC) sets Bank Rate.
Bank rate maintained at 5.25% - May 2024 | Bank of England
WEB14 Dec 2023 · The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 8 May 2024, the MPC voted by a majority of 7–2 to maintain Bank Rate at 5.25%. Two members preferred to reduce Bank Rate by 0.25 …
What does the Bank of England do? | Bank of England
WEBFounded in 1694, the Bank of England is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Threadneedle Street, the Bank’s mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.
Bank of England - Wikipedia
WEBThe Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government 's banker and debt manager, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank.
Monetary Policy Report - Bank of England
WEBThe Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 8 May 2024, the MPC voted by a majority of 7–2 to maintain Bank Rate at 5.25%. Two members preferred to reduce Bank Rate by 0.25 percentage points, to 5%.
What does the Bank of England do? | Bank of England
WEBThe Bank of England has served the public for over 300 years by looking after the UK economy and financial system. Find out more about what we do. The Bank of England is unlike banks you see on the high street or use for online banking.
Statistics | Bank of England
WEB30 Apr 2024 · The Bank of England gathers, analyses and publishes data from financial institutions, which we use to inform our policy decisions and to supervise firms. We also publish data relating to our other activities as a central bank, such as banknote issuing and monetary analysis.
Inflation and the 2% target | Bank of England
WEB22 Jun 2023 · This page was last updated 17 April 2024. Inflation is a measure of how much prices of goods (such as food or televisions) and services (such as haircuts or train tickets) have gone up over time. The Government sets us an inflation target of 2% in order to keep inflation low and stable.
Report on the Bank's official market operations 2021–22 - Bank of England
WEB26 Apr 2024 · In addition, every three years the Bank aims to publish a more in-depth evaluation of its market operations, allowing for a stocktake of policy developments over a broader time period. This is a short report covering the period March 2021 to end-February 2022, following last year’s broad review.
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