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U.K. Interest Rate Decision

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U.K. Interest Rate Decision

Frequency

Delivery Method

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Status

 
Latest Release
Nov 02, 2017
Actual
0.50%
Forecast
0.50%
Previous
0.25%
Bank of England (BOE) monetary policy committee members vote on where to set the Bank Rate. Traders watch interest rate changes closely because short term interest rates are the primary factor in currency valuation.

A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP.
Importance:
Country:
Currency: GBP
Source: Bank of England
U.K. Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Dec 14, 2017 (Dec) 12:00     0.50%
Nov 02, 2017 (Oct) 12:00 0.50% 0.50% 0.25%
Sep 14, 2017 (Sep) 11:00 0.25% 0.25% 0.25%
Aug 03, 2017 (Jul) 11:00 0.25% 0.25% 0.25%
Jun 15, 2017 (Jun) 11:00 0.25% 0.25% 0.25%
May 11, 2017 (May) 11:00 0.25% 0.25% 0.25%

News

Bank of England Hikes Rates for First Time in a Decade
Bank of England Hikes Rates for First Time in a Decade By Investing.com - Nov 02, 2017

Investing.com – As expected, the Bank of England (BoE) decided on Thursday to increase interest rates for the first time in a decade. Specifically, the BoE increased the benchmark interest rate...

Analysis

BoE Interest Rate Decision Discussion

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