Bank of England’s Inflation Report: Understanding Monetary Policy
The Bank of England's Inflation Report, now known as the Monetary Policy…
Annual Equivalent Rate (AER)
The AER shows the true return on savings or investment accounts, including…
Zero Interest Rates: Understanding the Economic Landscape
Zero interest rates (ZIRP) mean central banks set benchmark rates at or…
Variable Rate Mortgage Explained
A variable rate mortgage, also known as a floating rate mortgage, has…
Sub-prime Loans Explained
Sub-prime loans are mortgages offered to borrowers with poor credit history. They…
Quantitative Easing (QE)
Quantitative easing is a monetary policy where a central bank injects liquidity…
Primary Discount Rate
The primary discount rate is the interest rate at which commercial banks…
Personal Loan Explained
A personal loan is a versatile financial tool that allows individuals to…