Started Aug 19, 2022 05:00PM UTC   •   Closed Dec 15, 2022 08:01AM UTC

DippySkippy asks:

What will be the Bank of England's Bank Rate at close of business on 15 December 2022?

As the UK grapples with inflation like much of the world, the Bank of England increased its benchmark Bank Rate by 0.5% in August 2022, the largest increase since 1997 (CNBC, Guardian). The Monetary Policy Committee (MPC) sets the Bank Rate, and raised it to 1.75% at its August 2022 meeting (Bank of England - Bank Rate, Bank of England - August 2022 MPC Minutes). The MPC is scheduled to meet on 15 September 2022, 3 November 2022, and 15 December 2022 (Bank of England - MPC Schedule).

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The question closed "More than 3.25%" with a closing date of 15 December 2022.

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Possible Answer Correct? Final Crowd Forecast
Less than 2.00% 0%
Between 2.00% and 2.25%, inclusive 0%
More than 2.25% but less than 3.00% 1%
Between 3.00% and 3.25%, inclusive 6%
More than 3.25% 93%

Crowd Forecast Profile

Participation Level
Number of Forecasters 62
Average for questions older than 6 months: 238
Number of Forecasts 401
Average for questions older than 6 months: 658
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.232
3.
-0.172
4.
-0.166
5.
-0.138

Recent Consensus, Probability Over Time

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