Started Nov 02, 2018 03:59AM UTC   •   Closing Apr 01, 2019 06:59AM UTC

What will be the Bank of England's Bank Rate on 1 April 2019?


The UK is scheduled to leave the EU on 29 March 2019, putting a spotlight on the Bank of England's benchmark interest rate, known as the "Bank Rate" (BBC). The Monetary Policy Committee (MPC) sets the Bank Rate, and held it at 0.75% at its September 2018 meeting (The Bank of England, The Bank of England). Future MPC meeting dates can be found here. This question will be resolved based on the Bank Rate at the end of the day on 1 April 2019.

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Name Probability
Less than 0.26% 3%
Between 0.26% and 0.50%, inclusive 8%
More than 0.50% but less than 0.76% 75%
Between 0.76% and 1.00%, inclusive 12%
More than 1.00% 2%

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