Bank of England Rate Decision 5 November 2026
Bank of England Rate Decision 5 November 2026: the release is due at 12:00 UTC, with a forecast of 4%. The last release came in at 3.75% against a forecast of 3.75%. Of the last 12 releases, 0 came in above the forecast and 0 below it.
These figures were verified on 24 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 surprise 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.
Below the forecast: A surprise cut or a more-dovish decision than expected can weaken sterling as markets price further easing.
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.
