The typical/expected impact on GBP pairs is high.
The consensus forecast for BoE MPC Vote Rate Cut is 0. A higher value than forecast tends to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for BoE MPC Vote Rate Cut 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 Cut result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 52 | 53.1 | ||
| S&P Global Manufacturing PMI | Bullish change | 51.9 | 52.8 | ||
| S&P Global Services PMI | Bullish change | 52.1 | 53.1 | ||
| Retail Sales (MoM) | Bearish change | 0.7% | -0.4% | ||
| Retail Sales (YoY) | Bearish change | 2.7% | 0.8% | ||
| Retail Sales ex-Fuel (MoM) | Bearish change | 0.9% | -0.7% | ||
| Retail Sales ex-Fuel (YoY) | Bearish change | 2.9% | 0.8% | ||
| GfK Consumer Confidence | Bearish change | -13 | -24 | ||
| Consumer Price Index (MoM) | Bearish change | 0.5% | 0.4% | ||
| Consumer Price Index (YoY) | Bullish change | 3.1% | 3.5% | ||
| Core Consumer Price Index (YoY) | Bullish change | 2.6% | 2.8% | ||
| PPI Core Output (MoM) n.s.a | (no change) | 0.2% | 0.2% | ||
| PPI Core Output (YoY) n.s.a | Bullish change | 2.8% | 2.9% | ||
| Producer Price Index - Output (MoM) n.s.a | Bullish change | 0.7% | 0.8% | ||
| Retail Price Index (MoM) | Bearish change | 0.6% | 0.1% | ||
| Retail Price Index (YoY) | Bullish change | 3.4% | 3.9% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Bank of England |
| Category: | Central Banks |
| Frequency: | Irregular |