At close of business on 20 March 2025, will the most recently announced Bank of England (BoE) "Bank Rate" be lower, the same, or higher than it was at close of business on 6 February 2025?
Closed Mar 20, 2025 07:01AM (a month ago)
The BoE's Monetary Policy Committee (MPC) sets the Bank Rate, the interest paid to commercial banks that hold money with the BoE (Bank of England - Bank Rate). As of the launch of this question, the MPC's March 2025 monetary policy meeting announcement is scheduled for 20 March 2025, and its most recently announced Bank Rate was 4.75% (Bank of England - Monetary Policy Summary, December 2024, Bank of England - Monetary Policy Committee Calendar). If the BoE announces a range, the question will close using the midpoint of the stated range (e.g., an announced range of 2.00% and 2.25% would close based on 2.125%). The date the change will take effect is immaterial.
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The question closed "Same" with a closing date of 20 March 2025.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Lower | 1% | |
| Same | 98% | |
| Higher | 1% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 27 |
| Average for questions in their first 3 months: 126 | |
| Number of Forecasts | 92 |
| Average for questions in their first 3 months: 289 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
