What gets published
The MPC's decision on the Bank Rate — the main tool for controlling inflation and the rate at which the BoE lends to commercial banks overnight.
The quarterly MPR sets out the MPC's analysis of the economic outlook, inflation projections, and the risks around its central forecast.
The MPC has 9 members who each vote independently. The split (e.g. 7-2 for a cut) signals how close the committee is to a change in direction.
Governor Bailey holds a press conference with quarterly MPC projections, fielding questions on the inflation and growth outlook.
How to read it
The headline is the rate decision (hold, cut 25bp, cut 50bp). The vote split tells you where dissent lies — a 5-4 hold signals a cut at the next meeting is likely; a 9-0 hold does not.
Policy rate →The MPC targets CPI at 2% over a 2-year forecast horizon. If the MPR projects CPI above 2% in two years even after the current rate path, a rate cut is off the table.
Real interest rate →The MPC watches services CPI and wage growth most closely. Listen for the Governor's specific language about whether services inflation is "on track" to return to 2%-consistent levels.
Core inflation →On the day
November 2026 · times in GMTBank Rate decision, vote split, and MPR summary published simultaneously on bankofengland.co.uk.
Quarterly press conference with full MPR projections and Q&A — streamed live.
Full minutes of the MPC meeting published, including each member's reasoning.
Decision, vote split, and what it means for the December meeting.