BOE BASE RATE FORECAST 2023, 2024, 2025


Updated: 10/12/2023

The current BOE Base Rate is equal 5.25%.

BOE Base Rate Forecast For 2023, 2024 And 2025

Month Open,% Min-Max,% Rate,% Change
2023
Dec 5.25 5.00-5.50 5.25 0.00
2024
Jan 5.25 5.00-5.50 5.25 0.00
Feb 5.25 5.00-5.50 5.25 0.00
Mar 5.25 5.00-5.50 5.25 0.00
Apr 5.25 5.00-5.50 5.25 0.00
May 5.25 4.75-5.25 5.00 -0.25
Jun 5.00 4.75-5.25 5.00 0.00
Jul 5.00 4.25-5.00 4.50 -0.50
Aug 4.50 4.00-4.50 4.25 -0.25
Sep 4.25 4.00-4.50 4.25 0.00
Oct 4.25 3.75-4.25 4.00 -0.25
Nov 4.00 3.25-4.00 3.50 -0.50
Dec 3.50 3.25-3.75 3.50 0.00
2025
Jan 3.50 2.75-3.50 3.00 -0.50
Feb 3.00 2.00-3.00 2.25 -0.75
Mar 2.25 2.00-2.50 2.25 0.00
Apr 2.25 1.50-2.25 1.75 -0.50
May 1.75 1.00-1.75 1.25 -0.50
Jun 1.25 1.00-1.50 1.25 0.00
Jul 1.25 0.75-1.25 1.00 -0.25
Aug 1.00 0.50-1.00 0.75 -0.25
Sep 0.75 0.50-1.00 0.75 0.00
Oct 0.75 0.25-0.75 0.50 -0.25
Nov 0.50 0.25-0.75 0.50 0.00
Dec 0.50 0.25-0.75 0.50 0.00
2026

BOE Base Rate forecast for December 2023. Starting at 5.25%. This month the interest rate may be changed and receive a new value within the range of 5.00% to 5.50%, but it is most likely that the rate will be 5.25%, no change.

BOE rate prediction for January 2024. Starting at 5.25%. This month the interest rate may be changed and receive a new value within the range of 5.00% to 5.50%, but it is most likely that the rate will be 5.25%, no change.

BOE Base Rate forecast for February 2024. Starting at 5.25%. This month the interest rate may be changed and receive a new value within the range of 5.00% to 5.50%, but it is most likely that the rate will be 5.25%, no change.

BOE rate prediction for March 2024. Starting at 5.25%. This month the interest rate may be changed and receive a new value within the range of 5.00% to 5.50%, but it is most likely that the rate will be 5.25%, no change.

Mortgage Rates Forecast 2023, 2024, 2025 in UK.

ECB Interest Rate Forecast 2023, 2024, 2025.

BOE Base Rate forecast for April 2024. Starting at 5.25%. This month the interest rate may be changed and receive a new value within the range of 5.00% to 5.50%, but it is most likely that the rate will be 5.25%, no change.

BOE rate prediction for May 2024. Starting at 5.25%. This month the interest rate may be changed and receive a new value within the range of 4.75% to 5.25%, but it is most likely that the rate will be 5.00%, with a change of -0.25 points.

BOE Base Rate forecast for June 2024. Starting at 5.00%. This month the interest rate may be changed and receive a new value within the range of 4.75% to 5.25%, but it is most likely that the rate will be 5.00%, no change.

BOE rate prediction for July 2024. Starting at 5.00%. This month the interest rate may be changed and receive a new value within the range of 4.25% to 5.00%, but it is most likely that the rate will be 4.50%, with a change of -0.50 points.

BOE Base Rate forecast for August 2024. Starting at 4.50%. This month the interest rate may be changed and receive a new value within the range of 4.00% to 4.50%, but it is most likely that the rate will be 4.25%, with a change of -0.25 points.

BOE rate prediction for September 2024. Starting at 4.25%. This month the interest rate may be changed and receive a new value within the range of 4.00% to 4.50%, but it is most likely that the rate will be 4.25%, no change.

BOE Base Rate forecast for October 2024. Starting at 4.25%. This month the interest rate may be changed and receive a new value within the range of 3.75% to 4.25%, but it is most likely that the rate will be 4.00%, with a change of -0.25 points.

BOE rate prediction for November 2024. Starting at 4.00%. This month the interest rate may be changed and receive a new value within the range of 3.25% to 4.00%, but it is most likely that the rate will be 3.50%, with a change of -0.50 points.

BOE Base Rate forecast for December 2024. Starting at 3.50%. This month the interest rate may be changed and receive a new value within the range of 3.25% to 3.75%, but it is most likely that the rate will be 3.50%, no change.

BOE rate prediction for January 2025. Starting at 3.50%. This month the interest rate may be changed and receive a new value within the range of 2.75% to 3.50%, but it is most likely that the rate will be 3.00%, with a change of -0.50 points.

GBP to INR forecast 2023, 2024-2027.

BOE Base Rate forecast for February 2025. Starting at 3.00%. This month the interest rate may be changed and receive a new value within the range of 2.00% to 3.00%, but it is most likely that the rate will be 2.25%, with a change of -0.75 points.

BOE rate prediction for March 2025. Starting at 2.25%. This month the interest rate may be changed and receive a new value within the range of 2.00% to 2.50%, but it is most likely that the rate will be 2.25%, no change.

BOE Base Rate forecast for April 2025. Starting at 2.25%. This month the interest rate may be changed and receive a new value within the range of 1.50% to 2.25%, but it is most likely that the rate will be 1.75%, with a change of -0.50 points.

BOE rate prediction for May 2025. Starting at 1.75%. This month the interest rate may be changed and receive a new value within the range of 1.00% to 1.75%, but it is most likely that the rate will be 1.25%, with a change of -0.50 points.

BOE Base Rate forecast for June 2025. Starting at 1.25%. This month the interest rate may be changed and receive a new value within the range of 1.00% to 1.50%, but it is most likely that the rate will be 1.25%, no change.

BOE rate prediction for July 2025. Starting at 1.25%. This month the interest rate may be changed and receive a new value within the range of 0.75% to 1.25%, but it is most likely that the rate will be 1.00%, with a change of -0.25 points.

BOE Base Rate forecast for August 2025. Starting at 1.00%. This month the interest rate may be changed and receive a new value within the range of 0.50% to 1.00%, but it is most likely that the rate will be 0.75%, with a change of -0.25 points.

BOE rate prediction for September 2025. Starting at 0.75%. This month the interest rate may be changed and receive a new value within the range of 0.50% to 1.00%, but it is most likely that the rate will be 0.75%, no change.

BOE Base Rate forecast for October 2025. Starting at 0.75%. This month the interest rate may be changed and receive a new value within the range of 0.25% to 0.75%, but it is most likely that the rate will be 0.50%, with a change of -0.25 points.

BOE rate prediction for November 2025. Starting at 0.50%. This month the interest rate may be changed and receive a new value within the range of 0.25% to 0.75%, but it is most likely that the rate will be 0.50%, no change.

BOE Base Rate forecast for December 2025. Starting at 0.50%. This month the interest rate may be changed and receive a new value within the range of 0.25% to 0.75%, but it is most likely that the rate will be 0.50%, no change.

The forecast is updated on daily basis.