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UK faces longest fall in living standards since records began, says thinktank Last month, the bank said it expects to raise interest rates twice to keep inflation below 3 percentage points by the end of the decade. Economist lynde hull explained that the benefits of capital in different periods of time would be interest. According to linde hull, interest in a specific period and the difference between the expected consumption is savings (during the period of the growth of capital), and returns the sum of consumption and savings are given period of time.