The base rate, or base interest rate, is the interest rate that a central bank, like the Bank of England or Federal Reserve, will charge to lend money to commercial banks.
Vincent Nyagaka is a Professional Trader, Analyst &. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Checkout Vincent’s Professional Trading Course here.