Bank of England Bank Rate

Published By GOV.UK [English], Mon, Jul 25, 2022 7:51 AM


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.

Press release distributed by Media Pigeon on behalf of GOV.UK, on Jul 25, 2022. For more information subscribe and follow