bank rate

noun

: the rate of interest that is charged by the banks in a particular country

Examples of bank rate in a Sentence

Recent Examples on the Web

Goldman now sees the BOE holding rates steady in December, before cutting sequentially from February to bring the bank rate to 3% in November. — Karen Gilchrist, CNBC, 6 Nov. 2024

The data comes after the Bank of England earlier this month cut interest rates for the first time in over four years, taking the key bank rate to 5%. — Sophie Kiderlin, CNBC, 14 Aug. 2024

That suggests the recent pickup in bank rate increases is at least partly a byproduct of the SVB crisis and its ripple effects, Tumin says. — Paul Davidson, USA TODAY, 27 Mar. 2023

Rhymes for bank rate

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• airfreight
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• baseplate
• berate
• birthdate
• birthrate
• bookplate
• borate
• breastplate
• bromate
• casemate