Bank of England Interest Rate Decision, December 2026
The MPC announces on Thursday, December 17, 2026 at 12:00 PM London. There is no consensus figure yet.
When is the BoE decision?
- London
- Thu, Dec 17 · 12:00 PM London
- New York
- Thu, Dec 17 · 7:00 AM EST
- Tokyo
- Thu, Dec 17 · 9:00 PM Tokyo
- UTC
- Thu, Dec 17 · 12:00 PM UTC
- Your time
- 12:00 PM UTC
What is expected
- Consensus
- Not yet
- Previous
- —
- Reading
- No consensus yet
At the Sep 17, 2026 meeting the MPC voted 6 to hold, 3 to raise.
An expected move is already in the price: only the difference between the decision and the expectation tends to move it.
What will the BoE do?
The split shows once you vote. Voting closes at the announcement, in 49d 13h.
GBP/USD levels to watch before the BoE decision
Drawn from real 15-minute candles: the nearest standing high and low, where stops rest. A: the spike runs the high, closes back, and the low is next. B: the mirror. Where to look, not a promise: some days one plays and some days neither does. Vote on which one plays: it is settled on the 15-minute candles of the 24 hours after the announcement.
Which play happens on GBP/USD?
The split shows once you vote. Voting closes at the announcement, in 49d 13h.
Last price 1.33207. Levels are as of the candle that closed Oct 28, 2026, 10:15 PM UTC UTC; they are not updated until the site is rebuilt, and the vote is settled on the map as it stands at the announcement. This is where to look, not advice.
How the last BoE decisions moved GBP/USD
Across 14 measured BoE decisions since January 2025, the first spike closed back inside the hour-before range within 60 minutes in 8 (57%), and in 5 of those price then took the other side within four hours. In the other 6 the first move held. Median move in the first 15 minutes: 29 pips.
| Date | Decision | First side | Closed back | After 60 min |
|---|---|---|---|---|
| Sep 17, 2026 | ■ hold 3.75% | ▼ 44 pips | No | −35 pips |
| Jul 30, 2026 | ■ hold 3.75% | ▼ 2.5 pips | 25 min | −1.9 pips |
| Jun 18, 2026 | ■ hold 3.75% | ▼ 20 pips | No | −17 pips |
| Apr 30, 2026 | ■ hold 3.75% | ▲ 2.6 pips | 5 min | −12 pips |
| Mar 19, 2026 | ■ hold 3.75% | ▲ 16 pips | 5 min | +6.9 pips |
| Feb 5, 2026 | ■ hold 3.75% | ▼ 41 pips | 60 min | −30 pips |
Up and down are the pair GBP/USD. A hawkish surprise (a bigger hike, a smaller cut, a hold when a cut was expected) tends to push GBP/USD up, because GBP is its first currency; a dovish one pushes it down.
BoE December 2026 decision: questions
What time is the BoE interest rate decision on Dec 17, 2026?
12:00 PM London London time on Thursday, December 17, 2026, which is 7:00 AM EST in New York and 9:00 PM Tokyo in Tokyo.
What is expected from the BoE in December 2026?
There is no consensus figure yet. The rate now is —.
How does the BoE decision move GBP/USD, and what should I watch?
Across 14 measured BoE decisions since January 2025, the first spike closed back inside the hour-before range within 60 minutes in 8 (57%), and in 5 of those price then took the other side within four hours. In the other 6 the first move held. Median move in the first 15 minutes: 29 pips. The vote split, published at the same moment: a 5-4 hold says a move is close; 9-0 says it is not. Past reactions describe what happened, not what will.
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