Bank of England decreases interest rates by 25 bps after February 2026 meeting?

The summary for the Bank of England's Monetary Policy Committee meeting for February is scheduled to be released on February 5. This market will resolve to the amount of basis points the upper bound of the Bank Rate is changed by versus the level it was prior to the Bank of England's February 2026 meeting. The primary resolution source for this market will be the official website of the Bank of England (https://www.bankofengland.co.uk/monetary-policy/upcoming-mpc-dates), however a consensus of credible reporting may also be used. If the Bank Rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps) This market may resolve as soon as the Bank of England's statement for their February meeting with relevant data is issued. If no statement is released by the start date of the next scheduled meeting, this market will resolve to the "No change" bracket.