Trader consensus on Polymarket assigns a 73.5% implied probability to no change in the Bank Rate at the April 30, 2026, MPC meeting, reflecting sticky consumer price inflation holding at 3.0% in February—well above the 2% target—amid cooling but persistent services inflation at 4.3%. A notable 25.7% odds on a 25 basis points increase stem from recent Middle East tensions, including the Iran conflict, driving energy price surges and upending prior expectations of cuts, as echoed in J.P. Morgan's forecast for an extended pause through 2026. Wage growth at 3.8% (excluding bonuses) and unemployment steady at 5.2% support caution, with traders eyeing March CPI data due April 22 for potential shifts ahead of the decision.
Experimental AI-generated summary referencing Polymarket data · UpdatedBank of England decision in April?
Bank of England decision in April?
No change 73%
Increase 25.1%
25 bps decrease 1.1%
50+ bps decrease 1.0%
$181,728 Vol.
$181,728 Vol.
50+ bps decrease
1%
25 bps decrease
1%
No change
73%
Increase
25%
No change 73%
Increase 25.1%
25 bps decrease 1.1%
50+ bps decrease 1.0%
$181,728 Vol.
$181,728 Vol.
50+ bps decrease
1%
25 bps decrease
1%
No change
73%
Increase
25%
This market will resolve to the amount of basis points the upper bound of the Bank Rate is changed by versus the level it was prior to the Bank of England's April 2026 meeting.
The primary resolution source for this market will be the official website of the Bank of England (https://www.bankofengland.co.uk/monetary-policy/upcoming-mpc-dates), however a consensus of credible reporting may also be used.
If the Bank Rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps)
This market may resolve as soon as the Bank of England's statement for their April meeting with relevant data is issued. If no statement is released by the start date of the next scheduled meeting, this market will resolve to the "No change" bracket.
Market Opened: Feb 6, 2026, 5:23 PM ET
Resolver
0x2F5e3684c...This market will resolve to the amount of basis points the upper bound of the Bank Rate is changed by versus the level it was prior to the Bank of England's April 2026 meeting.
The primary resolution source for this market will be the official website of the Bank of England (https://www.bankofengland.co.uk/monetary-policy/upcoming-mpc-dates), however a consensus of credible reporting may also be used.
If the Bank Rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps)
This market may resolve as soon as the Bank of England's statement for their April meeting with relevant data is issued. If no statement is released by the start date of the next scheduled meeting, this market will resolve to the "No change" bracket.
Resolver
0x2F5e3684c...Trader consensus on Polymarket assigns a 73.5% implied probability to no change in the Bank Rate at the April 30, 2026, MPC meeting, reflecting sticky consumer price inflation holding at 3.0% in February—well above the 2% target—amid cooling but persistent services inflation at 4.3%. A notable 25.7% odds on a 25 basis points increase stem from recent Middle East tensions, including the Iran conflict, driving energy price surges and upending prior expectations of cuts, as echoed in J.P. Morgan's forecast for an extended pause through 2026. Wage growth at 3.8% (excluding bonuses) and unemployment steady at 5.2% support caution, with traders eyeing March CPI data due April 22 for potential shifts ahead of the decision.
Experimental AI-generated summary referencing Polymarket data · Updated
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