UK MPC Official Bank Rate Votes
Track UK MPC Official Bank Rate Votes to gauge future interest rate trends and monetary policy shifts.
Overview
The minutes from the BOE's Monetary Policy Committee (MPC) meeting include the voting results on interest rates by each MPC member from the latest meeting. This breakdown reveals which members are altering their perspectives on interest rates, and indicates how close the committee is to making a rate adjustment in the near future. The voting results are presented in an 'X-X-X' format, where the first number shows how many members voted to raise interest rates, the second indicates those who voted to lower rates, and the third represents those who chose to keep rates unchanged.
Key Information
What it Measures
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Usual Effect
A more hawkish stance than anticipated is favorable for the currency.
Source & Frequency
Bank of England (latest release) - https://www.bankofengland.co.uk/ • Published on a monthly basis.
How Data is Derived
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Also Known As
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Acronym
Monetary Policy Committee (MPC)