Recent Middle East conflict-driven energy price spikes have pushed UK CPI inflation to 3.1% in August 2026, prompting the Bank of England to revise its forecast upward to slightly above 4% by early 2027. At its September 17 meeting, the MPC held Bank Rate at 3.75% by a 6-3 vote, with three members favoring an immediate 25 basis point hike amid upside risks to inflation. This hawkish tilt and persistent energy volatility have elevated market-implied odds of a November 5 rate increase to 61%, reflecting trader expectations that policymakers will act to contain second-round effects before wage negotiations intensify. The next decision and upcoming CPI releases will serve as key catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated25 bps increase 62%
No change 38%
50+ bps increase <1%
25 bps decrease <1%
$112,673 Vol.
$112,673 Vol.
50+ bps decrease
<1%
25 bps decrease
<1%
No change
38%
25 bps increase
62%
50+ bps increase
<1%
25 bps increase 62%
No change 38%
50+ bps increase <1%
25 bps decrease <1%
$112,673 Vol.
$112,673 Vol.
50+ bps decrease
<1%
25 bps decrease
<1%
No change
38%
25 bps increase
62%
50+ bps increase
<1%
The resolution source will be official information from the Bank of England, including the statement or release from its November 2026 Monetary Policy Committee meeting, scheduled for November 5, 2026, as listed on the official Bank of England calendar (https://www.bankofengland.co.uk/monetary-policy/upcoming-mpc-dates). This market may resolve as soon as the statement or release of the Bank of England's November 2026 Monetary Policy Committee meeting with relevant data is issued.
If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.
If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.
If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.
Market Opened: Jul 31, 2026, 5:42 PM ET
Resolver
0x69c47De9D...The resolution source will be official information from the Bank of England, including the statement or release from its November 2026 Monetary Policy Committee meeting, scheduled for November 5, 2026, as listed on the official Bank of England calendar (https://www.bankofengland.co.uk/monetary-policy/upcoming-mpc-dates). This market may resolve as soon as the statement or release of the Bank of England's November 2026 Monetary Policy Committee meeting with relevant data is issued.
If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.
If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.
If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.
Resolver
0x69c47De9D...Recent Middle East conflict-driven energy price spikes have pushed UK CPI inflation to 3.1% in August 2026, prompting the Bank of England to revise its forecast upward to slightly above 4% by early 2027. At its September 17 meeting, the MPC held Bank Rate at 3.75% by a 6-3 vote, with three members favoring an immediate 25 basis point hike amid upside risks to inflation. This hawkish tilt and persistent energy volatility have elevated market-implied odds of a November 5 rate increase to 61%, reflecting trader expectations that policymakers will act to contain second-round effects before wage negotiations intensify. The next decision and upcoming CPI releases will serve as key catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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