Created Thu 10th Sep 3:22am PST by 
scary
scary 
When will the UK interest rate change from 0.5%?
Background: The UK interest rate was lowered to 0.5% in March 2009 and hasn't budged from there since then: http://news.bbc.co.uk/1/hi/business/8247709.stm
But when will it change next, either up or down?
The Bank of England's Monetary Policy Committee consider the interest rate once a month and it is announced at Midday.The decisions for the next 5 months are:
8 October
5 November
10 December
8th January
5th Feburary
Suspend point is the morning of the next announcement - 8th October and if not changed will then reopen until the 5th November etc
But when will it change next, either up or down?
The Bank of England's Monetary Policy Committee consider the interest rate once a month and it is announced at Midday.The decisions for the next 5 months are:
8 October
5 November
10 December
8th January
5th Feburary
Suspend point is the morning of the next announcement - 8th October and if not changed will then reopen until the 5th November etc
Settlement details:As reported by a major mainstream news source.
Forecast history %
| October |
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| November |
| ||||
| December |
| ||||
| January |
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| Feburary or later |
|
Question suspends in 2 weeks
- Activity: H$15,256 |
- Predictions: 38 |
Comments: 3
Suspend date: Wed 9th Dec 11pm PST (2 weeks to go)
Initial likelihoods: October: 20%, November: 20%, December: 20%, January: 20%, Feburary or later: 20%
Action history:
Created Thu 10th Sep 3:22am PST by scary
scary
Suspended Thu 8th Oct 3am PST : Suspend date reached
Unsuspended Fri 9th Oct 2:21am PST by 
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: October's meetings have not produced a rate change
"The Bank rate was held at 0.5% for the seventh successive month on Thursday. "
http://news.bbc.co.uk/2/hi/business/8296881.stm
bayoubear: October's meetings have not produced a rate change
"The Bank rate was held at 0.5% for the seventh successive month on Thursday. "
http://news.bbc.co.uk/2/hi/business/8296881.stm
Suspended Sun 1st Nov 3am PST : Suspend date reached
Unsuspended Tue 3rd Nov 4:05am PST by bayoubear: News regarding this rate will be announced on the 5th...will reopen until that morning
bayoubear: News regarding this rate will be announced on the 5th...will reopen until that morning
Suspended Wed 4th Nov 11:45pm PST : Suspend date reached
Suspended Wed 4th Nov 11:45pm PST : Suspend date reached
Unsuspended Sat 7th Nov 4:51am PST by bayoubear: Rates were left unchanged, so question is reopened for play until the next meeting
bayoubear: Rates were left unchanged, so question is reopened for play until the next meeting 
Suspend date: Wed 9th Dec 11pm PST (2 weeks to go) details 
Get widget!Predictions (38)
undercontrol
predicted Feburary or later (H$50 at 67%)
jankComments (3)
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Big News Network 2 weeks ago
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The Bank of England (BoE) Thursday left interest rates unchanged at 0.5 per cent while deciding to pump an extra 25 billion pounds (41 billion dollars) into the economy to boost liquidity on the market
http://www.monstersandcritics.com/news/business/news/article_1511542.php/Bank-of-England-boosts-money-supply-keeps-interest-rates-low
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