BoE MPC Vote Rate Hike

Interest rates are set by the Bank’s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members – the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

Most recent - Thursday 6 February 2025 12:00

Next event - Thursday 20 March 2025 11:00

The typical/expected impact on GBP pairs is high.

There is no forecast value for BoE MPC Vote Rate Hike yet - check back for updates.

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Economic context

Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next BoE MPC Vote Rate Hike result:

About BoE MPC Vote Rate Hike

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