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On Thursday 2nd November 2017 the Bank of England announced the first interest rate increase in over a decade. Interest rates have a huge impact on the financial decisions of individuals, families, businesses and governments.\n\n> What are interest rates?\n> What are the varying types of interest rates?\n> What and who are the Bank of England?\n> Who are the MPC & what is their function?\n> How does the rate hike impact us?\n> What is price elasticity of demand?\n\nAny questions, comments or enquiries? hello@disunomics.com\n\nwww.DISUNOMICS.com\n\nTwitter: www.twitter.com/D1SUNOMICS @D1SUNOMICS\nIG: www.instagram.com/DISUNOMICS @DISUNOMICS\nFaceBook: www.facebook.com/DISUNOMICS\n\nShout outs:\n\n@RefinedCurrency - Twitter\nwww.refinedcurrency.co.uk\n\n@Th3Conversation - Twitter\n@thecnvrstn - Soundcloud\nthecnvrstn@gmail.com\n\nMy podcasts are mastered by the excellent Complex Studios. For more information check them out! www.thecomplexstudio.co.uk\nLearn more about your ad choices. Visit podcastchoices.com/adchoices