Topic Videos
UK Economy - Do Higher Interest Rates Control Inflation?
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 25 Apr 2023
This revision video looks at the recent increases in UK interest rates and their impact on the UK economy. The Bank of England has raised policy interest rates from 0.1% to 4.25% and they may move higher still. But do higher interest rates actually do much to help bring inflation down? What are the risks for the UK of a period of more expensive credit for households and businesses?
You might also like
Do interest rates affect business investment?
17th October 2014
Monetary Policy: Key Factors Affecting Interest Rates
17th August 2014
Four facts about UK manufacturing industry
22nd October 2014
Immigration and the UK Economy
19th October 2014
Twin Peaks for the UK Economy
19th October 2014
Bank of England Chief Economist on the Real Economy
19th October 2014
Low or zero inflation is normal: competition keeps it that way
24th September 2014
Inflation, unemployment and the Misery Index
17th October 2013