Bank of England Rate Decision

Bank of England Rate Decision 14 July 2016

Bank of England Rate Decision 14 July 2016: 0.5%, above the 0.25% forecast and unchanged from 0.5% in June 2016. 1 of the last 12 releases came in above the forecast. It was released on Thu 14 Jul 2016 at 11:00 UTC.

These figures were verified on 4 Oct 2026 from the source: Bank of England. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.5%
Forecast
0.25%
The market consensus
Previous
0.5%
As the source gives it

What a print like this usually does

Above the forecast: A rate increase or a less-dovish decision than expected can strengthen sterling, often sharply if it changes the expected path for future rates.

Bank of England Rate Decision 14 July 2016: 0.5% against a 0.25% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Bank of England Rate Decision 14 July 2016: 0.5% vs 0.25% forecast (Bank of England). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/boe/2016-07-14

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
14 Jul 2016—0.5%0.25%0.5%
16 Jun 2016—0.5%0.5%0.5%
12 May 2016—0.5%0.5%0.5%
14 Apr 2016—0.5%0.5%0.5%
17 Mar 2016—0.5%0.5%0.5%
4 Feb 2016—0.5%0.5%0.5%
14 Jan 2016—0.5%0.5%0.5%
10 Dec 2015—0.5%0.5%0.5%
5 Nov 2015—0.5%0.5%0.5%
8 Oct 2015—0.5%0.5%0.5%
10 Sep 2015—0.5%0.5%0.5%
6 Aug 2015—0.5%0.5%0.5%