Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the bank of englands base rate calculated?

April 26, 2017Bank base Business calculated Finance Investing rate

0

Posted

How is the bank of englands base rate calculated?

1 Answer

0

Posted

It’s not calculated, it’s voted for. There’s current BoE interest rate and depending on the economic and inflationary conditions members of the committee vote for the charge every month.