Given at the Finch Lecture, University of Melbourne| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
Interest rates and inflation are closely linked. Higher rates will help to bring down inflation. But how exactly?| www.bankofengland.co.uk
See how much your loan payments could be over time. Enter your details below to get an estimate| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
We are responsible for keeping inflation (price rises) low and stable. The Government has set us a target of keeping inflation at 2%| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
Dates for Monetary Policy Committee (MPC) announcements on Bank Rate and publication of MPC meeting minutes and the quarterly Monetary Policy Report.| www.bankofengland.co.uk
Quantitative easing (QE) is one of the tools we use to meet our 2% inflation target. QE lowers long-term borrowing costs to support spending in the economy and hit the inflation target.| www.bankofengland.co.uk