Sentences with Bank Rate

High bank rates discourage borrowing and spending by consumers.

Lowering the bank rate encourages businesses to invest in expansion.

Consumers closely monitor fluctuations in the bank rate to plan their savings strategies.

Homeowners consider refinancing their mortgages when the bank rate experiences a significant drop.

Understanding the nuances of the bank rate helps individuals make informed decisions regarding credit card debt.

Understanding the bank rate's impact on credit card interest rates is essential for responsible financial management.