What will be the Bank of England's Bank Rate at close of business on 19 December 2024?

Started Nov 08, 2024 06:00PM UTC
Closing Dec 19, 2024 08:01AM UTC

The Bank of England, the UK's central bank, cut its benchmark Bank Rate by 0.25% for a second time in 2024 at its November monetary policy meeting (Bank of England - Monetary Policy Summary, August 2024, AP). The Monetary Policy Committee (MPC) sets the Bank Rate, which, as of 7 November 2024, was 4.75% (Bank of England - Bank Rate, Bank of England - Monetary Policy Summary, November 2024). As of the launch of this question, the MPC's next monetary policy meeting announcement is scheduled for 19 December 2024 (Bank of England - Monetary Policy Committee Calendar).

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Possible Answer Crowd Forecast Change in last 24 hours Change in last week
Less than 4.25% 6.42% 0% +6.42%
At least 4.25%, but less than 4.50% 2.00% 0% +2.00%
At least 4.50%, but less than 4.75% 14.42% +1.09% +2.42%
At least 4.75%, but less than 5.00% 76.58% -1.09% -11.42%
5.00% or more 0.58% 0% +0.58%

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