Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The typical/expected impact on GBP pairs is high.
The consensus forecast for BoE MPC Vote Rate Cut is 8. 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 3 against a forecast of 1.
Other recent announcements which may affect the market's interpretation of the next BoE MPC Vote Rate Cut result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global/CIPS Composite PMI | Bullish change | 50.4 | 50.9 | ||
S&P Global/CIPS Manufacturing PMI | Bullish change | 47 | 48.2 | ||
S&P Global/CIPS Services PMI | Bullish change | 51.1 | 51.2 | ||
GfK Consumer Confidence | Bearish change | -17 | -22 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Bank of England |
Category: | Central Banks |
Frequency: | Irregular |