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04/03/2010
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Consumer spending influences inflation  

What We Do

The Bank sets interest rates to keep inflation low, issues banknotes and works to maintain a stable financial system. More

Current Highlights

The Financial System

A safe and stable financial system is essential to the economy. The Bank assesses risks to the stability of the financial system and works to strengthen the way it operates. More
 

Interest Rates and Inflation

Interest rates influence spending and saving in the economy and the prices we pay for goods and services. Low inflation helps to maintain a stable economy and the value of our money. More
Click here to watch the February 2010 Inflation Report Press Conference

Banknotes

The Bank issues the banknotes that we use in our daily lives. More
Current Bank Rate
View decisions and minutes
   0.5%
Next due: 8 Apr '10
Quantitative Easing
Asset Purchase Programme

More information
£200bn
Next due: 8 Apr '10
Current Inflation (CPI)
3.5%
Next due: 23 Mar '10
Inflation Target
More information
2.0%
Inflation Report
View latest report and webcast
Feb '10
Next due: 12 May '10
Financial Stability Report
View report
Dec '09

Quantitative Easing Explained

Click here to view A Service of Thanksgiving for the life of The Rt Hon The Lord Richardson of Duntisbourne KG

Recruitment
Careers at the Bank


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