Bank of England · decided · 5 Nov 2026
What did the Bank of England decide in November 2026?
On 5 November 2026, the Bank of England raised its rate by 25 basis points to 4.00%. The day before, on 4 November 2026, markets priced a 76% chance that the Bank of England raises rates at its 5 November 2026 meeting, with the policy rate implied at 3.94% after it, on WatchTower Terminal's read of exchange-traded futures (WatchTower model).
Two weeks earlier (22 Oct) the same outcome led at 80%, so the pricing has eased by 4 points.
What was priced for 5 November
| Reading | Hike | Hold | Cut | Implied rate after |
|---|---|---|---|---|
| Day before4 Nov | 76% | 24% | 0% | 3.94% |
| Two weeks before22 Oct | 80% | 20% | 0% | 3.95% |
| Four weeks before8 Oct | 68% | 32% | 0% | 3.92% |
Read from exchange-traded futures (WatchTower model) on WatchTower Terminal. The history starts with our daily snapshots; a row is missing where no market-built snapshot exists for that day.
Questions
What did the Bank of England do in November 2026?
On 5 November 2026, the Bank of England raised its rate by 25 basis points to 4.00%. The day before, on 4 November 2026, markets priced a 76% chance that the Bank of England raises rates at its 5 November 2026 meeting, with the policy rate implied at 3.94% after it, on WatchTower Terminal's read of exchange-traded futures (WatchTower model).
When is the Bank of England's November 2026 meeting?
The Bank of England's mpc announcement is on Thursday, 5 November 2026, per its own published calendar.
What are the odds for the Bank of England's November meeting?
As of 4 November 2026: hike 76%, hold 24%, cut 0%. The three are read from exchange-traded futures (WatchTower model).
What is priced after November?
17 Dec 2026: 65% hike, 4.16% implied; 4 Feb 2027: 64% hike, 4.32% implied; 18 Mar 2027: 62% hike, 4.48% implied.
- What is priced for the Bank of England, every meeting
- Every central bank meeting date in 2027
- The 2027 interest rate outlook
- GBP macro outlook
- GBP COT positioning
Bank of England's other meeting pages: 17 Dec 2026
Other meetings coming up: Reserve Bank of Australia, 8 Dec · Federal Reserve, 9 Dec · Bank of Canada, 9 Dec · Reserve Bank of New Zealand, 9 Dec · Swiss National Bank, 10 Dec · European Central Bank, 17 Dec · Bank of Japan, 18 Dec
In WatchTower Terminal the Central bank panel moves with the pricing through the day; the terminal is $10 for the first month. Nothing here is financial advice.