The typical/expected impact on GBP pairs is high.
The consensus forecast for BoE MPC Vote Rate Hike is 0. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for BoE MPC Vote Rate Hike was 0 against a forecast of 0.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next BoE MPC Vote Rate Hike result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 51.2 | 52.1 | ||
| S&P Global Manufacturing PMI | Bullish change | 50.2 | 51.2 | ||
| S&P Global Services PMI | Bullish change | 51.3 | 52.1 | ||
| Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 4.7% | 4.6% | ||
| Average Earnings Including Bonus (3Mo/Yr) | Bearish change | 4.9% | 4.7% | ||
| Claimant Count Change | Bearish change | -3.9K | 20.1K | ||
| Claimant Count Rate | Bearish change | 4.3% | 4.4% | ||
| Employment Change (3M) | Bullish change | -22K | -17K | ||
| ILO Unemployment Rate (3M) | Bearish change | 5% | 5.1% | ||
| Consumer Inflation Expectations | Bearish change | 3.6% | 3.5% | ||
| Gross Domestic Product (MoM) | (no change) | -0.1% | -0.1% | ||
| Industrial Production (MoM) | Bullish change | -2% | 1.1% | ||
| Manufacturing Production (MoM) | Bullish change | -1.7% | 0.5% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bearish change | 1.5% | 1.2% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Bank of England |
| Category: | Central Banks |
| Frequency: | Irregular |