The Bank of England raises the Bank Rate at its next policy decision.
The Bank of England raised its policy rate to 4% on November 4, warning that inflation remains elevated. The question is whether the MPC will implement another hike at its upcoming policy meeting.
Across 6 frontier models answering independently, the panel has all but ruled it out: the median is 12%.
They do not agree: Qwen puts it at 58% and Claude at 4%, 54 points apart. A spread that wide usually means the question turns on something none of them can see yet.
Nothing is settled until 7 Feb 2027, when the outcome is checked against sources and every number above gets a permanent score.
What each one said
-
QwenAlibaba
Forward guidance after the Nov 4 hike signals intent, but consecutive hikes depend on December data and MPC vote split.
- The explicit warning that 'inflation remains elevated' immediately post-hike is classic forward guidance for further tightening.
- Base rate for consecutive BoE hikes in a tightening cycle is roughly 60-70%, but a fresh hike just 6 weeks prior slightly lowers it.
- A shift would come if November CPI data (released ~Dec 17) shows a sharp drop, giving doves on the MPC cover to pause.
58% -
GeminiGoogle
The MPC's next move turns on whether upcoming wage and services CPI prints show persistence demanding a breach above 4.0%.
- The 9-member MPC split narrowly at recent meetings and signaled that further tightening requires sustained inflation persistence.
- Market pricing and historical pauses at round policy rates suggest a preference to hold and assess cumulative lag effects in December.
- A sharp upside shock in November regular pay growth above 5% would immediately flip the committee consensus back toward a hike.
38% -
GrokxAI
Whether post-Nov-4 data force a second consecutive hike at the December MPC.
- MPC hiked to 4% on 4 Nov 2026; next decision is ~17 Dec, so only six weeks of new CPI/wage prints.
- Back-to-back hikes are rare once Bank Rate is already restrictive; 1997-2024 sample shows them mainly in 2022-23 inflation spike.
- A CPI print still >4% or accelerating private-sector pay would flip the vote; otherwise they pause.
18% -
DeepSeekDeepSeek
This turns on whether UK inflation has re-accelerated enough by the 17 December 2026 MPC meeting to force a hike.
- The MPC's next scheduled decision is 17 December 2026, and Bank Rate has been held at 4% since November 2025 as CPI fell toward target.
- With UK CPI near 2% and unemployment drifting up, the nine-member committee has been voting 7-2 or 8-1 to hold, not hike.
- A December hike would require a fresh inflation shock before the meeting; a hot November CPI print on 16 December is the one thing that could flip it.
6% -
ClaudeAnthropic
BoE is on a cutting/holding path with inflation easing toward target, a hike reversal would require a major upside shock.
- Context framing a Nov 4 hike to 4% appears inconsistent with the broader 2025-2026 BoE trajectory of gradual rate cuts amid cooling UK inflation.
- MPC has leaned dovish through 2025-2026 as inflation retreats from post-pandemic highs, making an immediate reversal to hiking unlikely.
- A hike would require a sharp unexpected inflation resurgence (e.g., sterling collapse, energy shock, wage-price spiral) before the Feb 2027 meeting.
4% -
GPTOpenAI
The premise is temporally inconsistent: a 4% Bank Rate and the cited November 4 hike belong to 2022, not 2026.
- The MPC would need to raise at its next scheduled meeting, but the supplied context is about the 3 November 2022 decision.
- By November 2026, the Bank Rate and inflation outlook will almost certainly differ materially from the stale 2022 setup.
- I would revise sharply if the intended forecast date were November 2022, when further tightening was a plausible near-term outcome.
4%
6 of 6 models answered · 54 points between the highest and lowest. None was shown the market price.
Question sourced from a news sweep on 9 Nov 2026. Forecast by google/gemini-3.8-flash, anthropic/claude-sonnet-5, openai/gpt-5.6-terra, x-ai/grok-4.6, deepseek/deepseek-v4.1-flash, qwen/qwen3.8-max-0902 via OpenRouter.