A rise in interest rates in 2015 is looking less likely after a sharp decline in the rate of inflation at the end of 2014. Read the coverage in the Bank of England channel for in-depth coverage of the Bank's latest views on the economy, which are so crucial to the anticipated timing of base rate rises. Below we cover the main points and explain what it all means for savings and mortgages. What has changed? In early summer last year, there was feverish speculation that the first rate rise would come in 2014. The economy was bouncing back and analysts believed the Bank Rate would need to rise to cool growth and head ... (full story)