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

Current Bank Rate		5.5% Next due: 10 Jan '08
Current Inflation (CPI)		2.1% Next due: 18 Dec '07
Inflation Target		2.0%
Latest Inflation Report		Nov '07 Next due: 13 Feb '08

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