When will the Bank of England next lower the base rate?
11
1.6k
Dec 31
0.9%
May 2024
57%
June 2024
17%
August 2024
11%
September 2024
3%
November 2024
3%
December 2024
5%
2025 or later
1.1%
March 2024
3%
Other

The Bank of England's Monetary Policy Committee is scheduled to meet 7 more times in 2024.

https://www.bankofengland.co.uk/monetary-policy/upcoming-mpc-dates

If the rate is raised again this year and then subsequently reduced, this will count as lowering the base rate.

For clarity, the market relates to the date of the MPC meeting where rates are reduced. It is possible, but unlikely, that the MPC calls an emergency meeting, so the option to add answers will remain open.

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