MNI BOE Review - June 2026: Swing voters some way from a hike

Hidden PDF

• The MPC decision was broadly in line with expectations with a 7-2 vote and only minor changes to the statement.
• The main takeaway was that there was no movement from the “swing” members towards a hike at this meeting – prompting a number of analysts to revise their modal rate path calls (see pages 4-5 of the full document).
• We look through the individual paragraphs of the potential swing voters.