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Tag: Monetary policy

Tag Archives: Monetary policy

14Mar/23

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

March 14, 2023FinanceBank, Banking, Central bank, Charles Read, Creative Commons, Economic bubbles, Economy, Financial crisis of 2007–2008, Financial services, Harold Macmillan, Harold Wilson, Interest rate, Monetary policy, Money, New York, Signature Bank, Silicon Valley Bank, Stock market crashes, Systemic risk, The Federal Deposit Insurance Corporation, United Kingdom, United States, WASHINGTON MUTUALadmin

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

August 5, 2022FinanceAdjustable-rate mortgage, Central bank, Creative Commons, Economy, Finance, Housing in the United Kingdom, In economics, Inflation, Interest rate, Jonquil Lowe, Monetary policy, Money, Mortgage loan, Quantitative easing, SHUTTERSTOCK, THE BANK OF ENGLAND, Ukraine, United Kingdomadmin

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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