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What Causes Inflation?What Causes Inflation? Inflation—the general rise in the price level of goods and services over time—is one of the most closely watched economic indicators. It affects households, businesses, and governments alike, influencing the cost of living, purchasing power, and investment decisions. While moderate inflation is considered normal in a growing economy, high or unpredictable...0 Commentarii 0 Distribuiri 4K Views 0 previzualizare
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What does Bank of England base rate mean?What does Bank of England base rate mean? The Bank of England base rate, often simply called the "base rate," is the UK’s official interest rate. Set by the Bank of England’s Monetary Policy Committee (MPC), it serves as a benchmark for the cost of borrowing money across the economy. In other words, it’s the rate that influences how much people and businesses pay on loans and...0 Commentarii 0 Distribuiri 4K Views 0 previzualizare
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Why Is Saving Money Important?Why Is Saving Money Important? Saving money is one of the simplest yet most powerful financial habits a person can develop. Although it may seem difficult—especially when dealing with rising living costs or unexpected expenses—it remains an essential foundation for financial stability and long-term well-being. Saving isn’t just about storing cash in a bank account; it’s...0 Commentarii 0 Distribuiri 792 Views 0 previzualizare