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  1. Home
  2. Glossary
  3. Base Rate
GlossaryEconomics

Base Rate

The interest rate set by the Bank of England (officially Bank Rate), the anchor from which mortgage, savings and loan rates across the UK are priced.

Appears in these guides

  • Interest RatesEconomics
  • What Is Trading?Getting Started

Related terms

Basis PointBusiness CycleCentral BankCore InflationCouponCPIDeflationDurationFiscal PolicyGDP

Related lessons

beginnerEconomics

CPI (Consumer Price Index)

The Consumer Price Index is how a country actually measures inflation. Learn what the 'basket of goods' is, how the Office for National Statistics builds the number, the difference between CPI, CPIH, RPI and core inflation, why the 2% target exists, and why a CPI release can move markets in seconds.

beginnerEconomics

GDP (Gross Domestic Product)

Gross Domestic Product is the single number that sums up the size of an economy. Learn the three ways it's measured, the crucial difference between real and nominal GDP, what growth and contraction mean, how it defines a recession, why investors track it — and the important things it leaves out.

intermediateEconomics

Bonds

A bond is a tradable loan — and the second great asset class alongside shares. Learn the anatomy of a bond, the all-important inverse relationship between bond prices and interest rates, gilts vs corporates, credit and duration risk, and why bonds act as ballast in a portfolio.

Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.