When will interest rates fall?
How does the Bank make its decision?
And what even are interest rates?
As part of Your Voice, Your BBC News, our cost of living correspondent Kevin Peachey is on hand to answer your questions. To get in touch:
- Email: [email protected]
- WhatsApp: +44 7980 682727
- www.bbc.co.uk/yourvoice
Good morning, and thanks for joining us for our coverage of the Bank of England’s latest decision on interest rates.
The Bank’s base rate, which influences borrowing costs for households and businesses, is currently 4.5%.
Economists expect it to stay there – although we won’t know for certain until we get the Bank’s decision at midday.
That decision is made by the nine-person Monetary Policy Committee. We’ll get the minutes of their meeting, which could give us some insight into how the UK economic outlook.
Our cost of living correspondent Kevin Peachey is also on hand to answer your questions – we’ll have details of how to get in touch in the next post.
