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Data from Bank of England. Forecasts by Sigmanomics Forecast Engine.
United KingdomUnited Kingdom BoE MPC Vote Hike climbed to 19 in April 2026
Bank of EnglandMonthlyReleased April 2026
United Kingdom BoE MPC Vote Hike climbed to 19 in April 2026, up 10 from March's 9 reading. The reading matched the 19 consensus. BoE MPC Vote Hike has now risen for 3 consecutive months. BoE MPC Vote Hike is now the highest in 25 months.
Latest Release
19
Actual
19
Consensus
9
Previous
Median Absolute Error
±0
across last 12 releases
Last Call
Mar 2026
Predicted: 9
Actual: 9
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| GBP/USD | ▲ Direct | +0.50 | FOREX | Bullish GBP | → View |
| EUR/GBP | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| GBP/JPY | ▲ Direct | +0.40 | FOREX | Bullish GBP | → View |
| FTSE 100 | ▲ Direct | +0.35 | INDEX | Bullish UK | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
BoE MPC Vote Hike (United Kingdom) was reported at 19.00 in April 2026. This matched the market consensus of 19.00 exactly. The reading rose from the previous value of 9.00. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 7.50, ranging from 0.00 to 9.00 across 6 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 6.00, down from the prior three at 9.00. In March readings over the past 3 years, BoE MPC Vote Hike has averaged 9.00.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with GBP/USD (Bullish GBP). A secondary relationship exists with EUR/GBP, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.00.
WHAT TO WATCH NEXT
The next release is scheduled for June 18, 2026. Same-country events in the next 14 days include Inflation Rate MoM (Jun 17) and Core Inflation Rate YoY (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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BoE MPC Vote Hike - UK
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About BoE MPC Vote Hike — United Kingdom
DEFINITION
BoE MPC Vote Hike is a financial indicator that measures the number of votes in favor of raising interest rates by the Bank of England's Monetary Policy Committee (MPC). This indicator provides insight into the current sentiment and potential future actions of the central bank, which can have a significant impact on the economy and financial markets. A higher number of votes for a rate hike indicates a more hawkish stance and potential tightening of monetary policy, while a lower number suggests a more dovish approach. Traders and investors closely monitor this indicator to make informed decisions about their investments and to anticipate potential changes in the interest rate environment.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 19, consensus 19. Prior reading (Mar 2026): 9. Before that (Feb 2026): 0.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with GBP/USD (Bullish GBP, r=0.50) — a useful reference for forex-focused traders.