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MNI BOE Preview - March 2024: Vote and Guidance

BOE
  • The March MPC meeting will be in focus this week with two key aspects: first the vote split and second the guidance.
  • The MNI Markets team, and the majority of analysts, expect an unchanged vote, although we do note the possibility that either Haskel, and also possibly Mann, could vote for unchanged Bank Rate at this meeting. We also expect no material change to guidance.
  • We look at risks to both of these - as well as potential changes to the guidance.
  • We also analyze the data developments since the February MPC meeting.
  • We have read through and summarised over 20 analyst previews. Just over half look for an unchanged vote split.
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