This statistic depicts public perception on the groups that set the interest rates in the United Kingdom, as of May 2019. 4 percent of the respondents said it is the European Central Bank that sets interest rates, while 66 percent said the Bank of England does. In fact, the interest rates are set by the Bank of England.
Which of these groups do you think sets interest rates in the United Kingdom?
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Which of these groups do you think sets interest rates in the United Kingdom?
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
Bank of England. (June 8, 2019). Which of these groups do you think sets interest rates in the United Kingdom? [Graph]. In Statista. Retrieved February 28, 2025, from https://www.statista.com/statistics/464109/public-perception-who-sets-interest-rates-uk/
Bank of England. "Which of these groups do you think sets interest rates in the United Kingdom?." Chart. June 8, 2019. Statista. Accessed February 28, 2025. https://www.statista.com/statistics/464109/public-perception-who-sets-interest-rates-uk/
Bank of England. (2019). Which of these groups do you think sets interest rates in the United Kingdom?. Statista. Statista Inc.. Accessed: February 28, 2025. https://www.statista.com/statistics/464109/public-perception-who-sets-interest-rates-uk/
Bank of England. "Which of These Groups Do You Think Sets Interest Rates in The United Kingdom?." Statista, Statista Inc., 8 Jun 2019, https://www.statista.com/statistics/464109/public-perception-who-sets-interest-rates-uk/
Bank of England, Which of these groups do you think sets interest rates in the United Kingdom? Statista, https://www.statista.com/statistics/464109/public-perception-who-sets-interest-rates-uk/ (last visited February 28, 2025)
Which of these groups do you think sets interest rates in the United Kingdom? [Graph], Bank of England, June 8, 2019. [Online]. Available: https://www.statista.com/statistics/464109/public-perception-who-sets-interest-rates-uk/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.