Forex Fundamentals
Bank of England Rate Decision

Bank of England Rate Decision 2 February 2023

Bank of England Rate Decision 2 February 2023: 4%, in line with the forecast and up from 3.5% in December 2022. It is the highest of the last 12 releases. It was released on Thu 2 Feb 2023 at 12:00 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
4%
Forecast
4%
The market consensus
Previous
3.5%
As the source gives it

What a print like this usually does

In line with the forecast: The initial move may be small if the rate decision is fully priced in, but the statement, vote and guidance can still move the pound.

Bank of England Rate Decision 2 February 2023: 4% against a 4% 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 2 February 2023: 4% vs 4% forecast (Bank of England). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/boe/2023-02-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Feb 2023—4%4%3.5%
15 Dec 2022—3.5%3.5%3%
3 Nov 2022—3%3%2.25%
22 Sep 2022—2.25%2.25%1.75%
4 Aug 2022—1.75%1.75%1.25%
16 Jun 2022—1.25%1.25%1%
5 May 2022—1%1%0.75%
17 Mar 2022—0.75%0.75%0.5%
3 Feb 2022—0.5%0.5%0.25%
16 Dec 2021—0.25%0.1%0.1%
4 Nov 2021—0.1%0.1%0.1%
23 Sep 2021—0.1%0.1%0.1%
The release before:Bank of England Rate Decision 15 December 2022The release after:Bank of England Rate Decision 23 March 2023Bank of England Rate Decision: every recent resultThis week’s economic calendar