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.
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.

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