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The BoE MPC Vote Hike represents the number of members within the Bank of England's Monetary Policy Committee who voted to increase the official Bank Rate. This data is part of the Monetary Policy Summary and provides insight into the internal consensus or division among policymakers. A higher number of votes for a hike than previously recorded or expected indicates a hawkish shift. It is a key leading indicator for future interest rate path expectations in the United Kingdom.
The Monetary Policy Committee consists of 9 members who each cast an individual vote on the interest rate decision. The results are published as a ratio (Hike-Hold-Cut).
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 19.00 | 19.00 | 0.00 |
| Feb 5, 2026 | 9.00 | 9.00 | 0.00 |
| Dec 18, 2025 | 9.00 | 9.00 | 0.00 |
| Nov 6, 2025 | 9.00 | 9.00 | 0.00 |
| Sep 18, 2025 | 9.00 | 9.00 | 0.00 |
| Aug 7, 2025 | 9.00 | 9.00 | 0.00 |
| Jun 19, 2025 | 9.00 | 9.00 | 0.00 |
| May 8, 2025 | 9.00 | 9.00 | 0.00 |
| Mar 20, 2025 | 9.00 | 9.00 | 0.00 |
| Feb 6, 2025 | 9.00 | 9.00 | 0.00 |
| Dec 19, 2024 | 9.00 | 9.00 | 0.00 |
| Nov 7, 2024 | 9.00 | 9.00 | 0.00 |
| Sep 19, 2024 | 9.00 | 9.00 | 0.00 |
| Aug 1, 2024 | 9.00 | 9.00 | 0.00 |
| Jun 20, 2024 | 9.00 | 9.00 | 0.00 |
| May 9, 2024 | 9.00 | 9.00 | 0.00 |
| Mar 21, 2024 | 9.00 | 19.00 | -10.00 |
| Feb 1, 2024 | 29.00 | 19.00 | +10.00 |
| Dec 14, 2023 | 39.00 | 39.00 | 0.00 |
| Nov 2, 2023 | 39.00 | 39.00 | 0.00 |
Markets are focusing on the MPC split, with forecasts suggesting a significant jump in members voting for a rate hike from 9 to 19. This trend reflects persistent inflationary pressures requiring more aggressive monetary tightening by the Bank of England.