Forex Fundamentals
Bank of England Rate Decision

Bank of England Rate Decision 22 June 2023

Bank of England Rate Decision 22 June 2023: 5%, above the 4.75% forecast and up from 4.5% in May 2023. It is the highest of the last 12 releases. 1 of the last 12 releases came in above the forecast. It was released on Thu 22 Jun 2023 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
5%
Forecast
4.75%
The market consensus
Previous
4.5%
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 22 June 2023: 5% against a 4.75% 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 22 June 2023: 5% vs 4.75% forecast (Bank of England). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/boe/2023-06-22

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
22 Jun 2023—5%4.75%4.5%
11 May 2023—4.5%4.5%4.25%
23 Mar 2023—4.25%4.25%4%
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%
The release before:Bank of England Rate Decision 11 May 2023The release after:Bank of England Rate Decision 3 August 2023Bank of England Rate Decision: every recent resultThis week’s economic calendar