MNI BOE Preview - February 2026 - Agents Pay, Individual Paras

For the full MNI BOE Preview click here

• The upcoming Bank of England meeting is probably the least anticipated quarterly meeting for some time with the MPC expected to leave Bank Rate on hold and leave guidance unchanged, but there are still aspects worth watching.
• Most in focus will be the vote split (we expect to be 7-2, in line with consensus), the Agents’ Pay Survey (which will be published alongside the decision) and the individual member paragraphs. We look at all of these in detail.
• We also summarise over 20 sellside previews - a 7-2 vote split is expected by around 2/3 of analysts with risks of 6-3 seen.