Will at least three Bank of England policymakers vote to raise the Bank Rate on Thursday, July 30?
100% of users predicted YES — the community got this one right. 2 predictions cast.
At least three Bank of England policymakers voted to raise the Bank Rate at the July 30, 2026 Monetary Policy Committee meeting, resolving this question yes. The MPC voted 6-3 to hold the Bank Rate at 3.75% for a fifth consecutive meeting, with three members, Megan Greene, Catherine Mann, and Huw Pill, dissenting in favor of a quarter-point increase to 4.00%. That marked a rise in hawkish dissent from two members favoring a hike in June to three in July.
Governor Andrew Bailey noted that headline inflation had fallen faster than expected, to 2.6%, but flagged that volatile and elevated energy prices, driven partly by conflict in the Middle East, remained a concern for the committee's more hawkish members. The community was unanimous in predicting this outcome, and the result confirmed that forecast. The decision keeps UK borrowing costs unchanged for now, though the growing hawkish faction signals rising internal debate over whether the Bank should resume tightening at its next meeting, scheduled for September 17, 2026.