The MPC’s decisions on interest rates are announced on a Thursday at 12 noon. Minutes of the MPC meetings are published simultaneously with the decision.
The Bank’s monetary policy objective is to deliver price stability – low inflation – and, subject to that, to support the Government’s economic objectives including those for growth and employment. Price stability is defined by the Government’s inflation target of 2%.
Importance: HIGH Frequency of announcements: Monthly
Previous: 0.25% Forecast: 0.25% Actual: –