Historical Year Data · 2014

BoE Bank Rate in 2014

BoE Bank Rate opened 2014 at 0.50% and closed at 0.50%, a +0.00% move for the year. The high of 0.50% was reached on January 2, and the low of 0.50% on January 2.

Open

0.50%

2014-01

0.50%

253 data points

High

0.50%

Jan 2

Low

0.50%

Jan 2

Full Year Change

+0.00%

2013 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	0.50%	0.50%	0.50%	0.50%	+0.00%
Feb	0.50%	0.50%	0.50%	0.50%	+0.00%
Mar	0.50%	0.50%	0.50%	0.50%	+0.00%
Apr	0.50%	0.50%	0.50%	0.50%	+0.00%
May	0.50%	0.50%	0.50%	0.50%	+0.00%
Jun	0.50%	0.50%	0.50%	0.50%	+0.00%
Jul	0.50%	0.50%	0.50%	0.50%	+0.00%
Aug	0.50%	0.50%	0.50%	0.50%	+0.00%
Sep	0.50%	0.50%	0.50%	0.50%	+0.00%
Oct	0.50%	0.50%	0.50%	0.50%	+0.00%
Nov	0.50%	0.50%	0.50%	0.50%	+0.00%
Dec	0.50%	0.50%	0.50%	0.50%	+0.00%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

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