United Kingdom Interest Rate
Last Release
Nov 2019
Actual
0.75 %
Forecast
0.75 %
Previous
0.75 %
Frequency
Daily
Units In
%
Next Release
Dec 19, 2019
Time to Release
9 Days 4 Hours
Scroll for more details
Highest | Lowest | Average | Date Range | Source |
17 % Apr 1980 | 0.25 % Oct 2017 | 7.45 % | 1971 - 2019 | Bank of England |
Latest Updates
The Bank of England's Monetary Policy Committee voted by a majority of 7-2 to hold Bank Rate at 0.75 percent during its October policy meeting, while markets had forecast a unanimous decision, amid Brexit uncertainties and global trade wars. Also, the bank lowered its GDP forecasts, which now point to 1 percent expansion by the end of this year, 1.6 percent by the end of 2020, 1.8 percent by the end of 2021, and 2.1 percent by the end of 2022.
United Kingdom Interest Rate History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Nov 7, 2019 | 15:00 | BoE Holds Rates, 2 MPC Members Vote for Rate Cut |
| Sep 19, 2019 | 11:14 | BoE Leaves Monetary Policy Unchanged |
| Aug 1, 2019 | 11:24 | BoE Holds Rates, Reaffirms Pledge to Gradual Hikes |
| Jun 20, 2019 | 11:19 | BoE Holds Rates, Cuts Q2 Growth Forecast |
| May 2, 2019 | 11:50 | BoE Still Plans to Raise Rates |
| Mar 21, 2019 | 12:13 | BoE Holds Rates |
Calendar
ECONOMIC CALENDAR| DATE | TIME | EVENT |
|---|---|---|
| Nov 7, 2019 | 12:00 | BoE Quantitative Easing |
| Nov 7, 2019 | 12:00 | MPC Meeting Minutes |
| Nov 7, 2019 | 12:00 | BoE Interest Rate Decision |
| Sep 19, 2019 | 11:00 | BoE Quantitative Easing |
| Sep 19, 2019 | 11:00 | BoE Interest Rate Decision |
| Sep 19, 2019 | 11:00 | MPC Meeting Minutes |
| Aug 1, 2019 | 11:30 | BoE Press Conference |
A Look at the Markets
Educational Pieces on Marco Indicators
all education articles
United Kingdom money Indicators
All United Kingdom indicatorsScroll for more details
Indicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Banks Balance Sheet | 3,949,005 Oct 2019 | 3,935,068 Sep 2019 | 3,342,179 Sep 2014 | 4,060,273 Jan 2010 | GBP Million | Monthly | 2010 - 2019 |
| Central Bank Balance Sheet | 586,063 Dec 2019 | 585,763 Nov 2019 | 76,991 Feb 2007 | 597,303 Mar 2019 | GBP Million | Weekly | 2006 - 2019 |
| Deposit Interest Rate | 0.5 Nov 2019 | 0.5 Oct 2019 | 0 Oct 2017 | 4.25 Oct 2008 | % | Monthly | 2008 - 2019 |
| Foreign Exchange Reserves | 177,334.22 Nov 2019 | 179,385.48 Oct 2019 | 35,190.42 Feb 2000 | 180,845.18 Jan 2019 | USD Million | Monthly | 1999 - 2019 |
| Interbank Rate | 0.78 Dec 2019 | 0.78 Dec 2019 | 0.28 Sep 2017 | 15.63 Oct 1989 | % | Daily | 1986 - 2019 |
| Interest Rate | 0.75 Nov 2019 | 0.75 Oct 2019 | 0.25 Oct 2017 | 17 Apr 1980 | % | Daily | 1971 - 2019 |
Interest Rate across Europe
Interest Rate global viewScroll for more details
Country | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Albania | 1 Nov 2019 | 1 Oct 2019 | 1 Nov 2018 | 8.5 Nov 2002 | % | Daily | 2001 - 2019 |
| Armenia | 5.5 Nov 2019 | 5.5 Oct 2019 | 5.5 Sep 2019 | 10.5 Jun 2015 | % | Daily | 2010 - 2019 |
| Euro Area | 0 Nov 2019 | 0 Oct 2019 | 0 Oct 2018 | 4.75 Apr 2001 | % | Daily | 1998 - 2019 |
| Belarus | 9 Nov 2019 | 9.5 Oct 2019 | 9 Nov 2019 | 480 Nov 1994 | % | Daily | 1991 - 2019 |
| Bosnia and Herzegovina | 3.1 Aug 2019 | 3.06 Jul 2019 | 3.06 Jul 2019 | 80.25 Jan 1999 | % | Monthly | 1998 - 2019 |
| Croatia | 2.5 Oct 2019 | 2.5 Sep 2019 | 2.5 Nov 2018 | 4,290.85 Sep 1993 | % | Daily | 1992 - 2019 |