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Promoting the good of the people of the United Kingdom by maintaining monetary and financial stability

Top News

Record of FPC meeting held on 26 September 2014

10 October 2014

At its meeting on 26 September, the Financial Policy Committee agreed one recommendation, set the UK countercyclical capital buffer (CCB) rate and recognised CCB rates set by the Norwegian and Swedish authorities. More »

Other News

Trends in Lending - October 2014 More »

20 October 2014

Capital Issuance - September 2014 More »

20 October 2014

Working Paper No. 513: Variations in liquidity provision in real-time payment sy... More »

17 October 2014

Twin peaks - speech by Andy Haldane More »

17 October 2014

In Focus

Houblon £50 note

Exchange your old £50 notes in high street banks by 30 October More »

Visit the Bank Museum

The Museum is open from Monday to Friday, 10:00-17:00 More »

Interest rates and the Monetary Policy Committee (MPC)

Read our postcard to learn about interest rates and the role of the MPC More »

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Jon Cunliffe: Speech at the Chatham House City Series (12:10), London. Text to be released
20 October 2014
Treasury Select Committee hearing – PRA Annual Report and Accounts: Andrew Bailey, Iain Cornish and Charles Randall (14:15)
22 October 2014
Martin Weale: Speech at St Catherine’s Political Economy Seminar (20:00), Cambridge. No text to be released
22 October 2014
Minutes of the Monetary Policy Committee Meeting held on 7 and 8 October 2014 (09:30)
22 October 2014

Key Facts

Current Bank Rate Inflation Target 0.5%
View decisions and minutes Next due:
6 Nov 2014
Quantitative Easing Asset Purchase Programme Inflation Target £375 bn
More information Next due:
6 Nov 2014
Current Inflation Inflation Target 1.2%
Next due:
18 Nov 2014
Inflation Target Inflation Target 2.0%
More information