Bank of England Rate Decision — Schedule
The Bank of England Monetary Policy Committee (MPC) sets the UK base rate — its decisions drive GBPUSD, EURGBP, and the FTSE 100.
About BOE Rate Decision
The MPC meets 8 times per year to set the UK bank rate. The decision, minutes, and vote split release simultaneously at 12:00 UTC on the Thursday of the meeting.
Four meetings per year are "Super Thursdays" — they include the Monetary Policy Report with detailed economic forecasts, released alongside the rate decision.
The vote split (e.g., 5-4 vs 9-0) often moves markets as much as the decision itself — a narrow vote signals a possible shift at the next meeting.
How BOE Rate Decision moves forex markets
- GBPUSD and EURGBP see the largest immediate moves. FTSE 100 reacts inversely to the pound on most days.
- UK gilt yields often signal the expected decision in the days before — a surprise move vs. the gilt-implied path is what drives the real volatility.
Frequently asked questions
When is the next BOE rate decision?
See the schedule above — the Bank of England meets 8 times per year. Decisions release at 12:00 UTC.