5 Example Sentences Showcasing the Meaning of 'Bank Rate'
The Federal Reserve decided to increase the bank rate to control inflation.
Investors closely monitor the bank rate as it directly affects the returns on their savings and investments.
The finance professor emphasized the importance of understanding the nuances of the bank rate for making informed financial decisions.
The homeowners were relieved when the bank rate decreased, leading to lower interest payments on their adjustable-rate mortgages.
The family's financial advisor recommended adjusting their investment portfolio in response to the recent changes in the bank rate.
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