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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
Inflation Report Press Conference Webcast - November 2006. Click here to watch or download podcast

Banknotes

The Bank issues the banknotes that we use in our daily lives. Confidence in the currency is vital to the economy. More
Current Bank Rate
View decisions and minutes
   5.0%
Next due: 7 Dec '06
Current Inflation (CPI)
2.4%
Next due: 12 Dec '06
Inflation Target
More information
2.0%
Latest Inflation Report
View report and webcast
Nov '06
Next due: 14 Feb '07

What if?

A film about what the Bank does and why
View
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Museum

Visit the Bank museum on-line and walk through time
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