Tag: Interest Rates

Bank of England’s Inflation Report: Understanding Monetary Policy

The Bank of England's Inflation Report, now known as the Monetary Policy…

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Bank of England

The Bank of England is the UK's central bank, responsible for monetary…

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Annual Equivalent Rate (AER)

The AER shows the true return on savings or investment accounts, including…

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Zero Interest Rates: Understanding the Economic Landscape

Zero interest rates (ZIRP) mean central banks set benchmark rates at or…

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Variable Rate Mortgage Explained

A variable rate mortgage, also known as a floating rate mortgage, has…

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Sub-prime Loans Explained

Sub-prime loans are mortgages offered to borrowers with poor credit history. They…

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Savings Account

A savings account is a bank deposit account that allows you to…

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Quantitative Easing (QE)

Quantitative easing is a monetary policy where a central bank injects liquidity…

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Primary Discount Rate

The primary discount rate is the interest rate at which commercial banks…

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Personal Loan Explained

A personal loan is a versatile financial tool that allows individuals to…

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