Tag Archives: Monetary policy

14Mar/23

Silicon Valley Bank: how interest rates helped trigger its collapse and what central bankers should do next

Charles Read, University of Cambridge

A former prime minister of Britain, Harold Wilson, is famous for remarking that a week is a long time in politics. But in the world of finance, it seems everything can change in just two days.

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05Aug/22

UK interest rate rise: what the Bank of England’s historic hike means for your money

Jonquil Lowe, The Open University

The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant inflation amid the cost of living crisis in the UK.

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