Tag: interest rate

Household Debt v.s. Interest Rates and CPI

Chart of the Week: Week 30, 2017: Household Debt v.s. Interest Rates and CPI

The base rate climbed steadily to 5.5% in 2008 before the global financial crash, after which it plummeted to 1.5% within one year as the Bank attempted to stimulate investment and consumption.

/ August 10, 2017
UK interest rates

Chart of the Week: Week 31, 2016: UK interest rates

UK interest rates remain at the historic "emergency" low of 0.5% set by the MPC in March 2009, and financial markets have consistently overestimated the likelihood of a rate rise since then.

/ August 3, 2016
UK Economic Forecasts

Chart of the Week: Week 49, 2015: UK Economic Forecasts

Last week, the Economic Research Council hosted our fifth annual economic forecasting event, the "Clash of the Titans", where we invited three economic experts to give their forecasts for 2016.

/ December 9, 2015
UK Interest Rates

Chart of the Week: Week 9, 2015: UK Interest Rates

Tomorrow's Bank of England Monetary Policy Committee meeting marks the sixth anniversary of their decision to reduce the Bank Rate to an "emergency" record low of 0.5%.

/ March 4, 2015