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Bookmark or Share- Monetary policy - Bank of EnglandMonetary policy is action that a country's central bank or government can take to influence how much money is in the economy and how much it costs to borrow. As the UK’s central bank, we use two main monetary policy tools.
- Interest rates and Bank Rate | Bank of EnglandBank 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.
- Inflation calculator - Bank of EnglandThe calculator uses the Consumer Price Index (CPI) as this is the measure used by the Government to set the Bank of England’s target for inflation. An alternative credible measure, which is the ONS’s lead measure of inflation, is the Consumer Price Index including Owner Occupiers’ Housing Costs (CPIH).
- Home | Bank of EnglandThe 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.
- Exchange rates - Bank of EnglandPlease note: the exchange rates are not official rates and are no more authoritative than that of any commercial bank operating in the London foreign exchange market. GBP daily rates. EUR daily rates. USD daily rates. Daily spot rates against GBP
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