Monetary Policy Committee voting history

Downloads the Bank of England's published MPC voting record and returns it in long format. Each row is one (meeting, member) pair showing the rate the member voted for and whether that constituted a dissent from the committee's decision.

Usage

boe_mpc_votes(cache = TRUE)

Source

https://www.bankofengland.co.uk/monetary-policy

Arguments

cache: Logical. Use cached download if less than 24 hours old (default TRUE). The voting workbook is small (~110 KB).

Value

A boe_tbl data frame with columns:

date: Date. Meeting date.
member: Character. MPC member name.
member_vote_pct: Numeric. The Bank Rate the member voted for (percent).
decision_pct: Numeric. The committee's decision (percent).
dissent: Logical. TRUE if the member's vote differed from the committee decision.

Details

Coverage runs from the first MPC meeting in June 1997 through the most recent published minutes. Both current and past committee members are included.

Requires the readxl package.

Examples

# \donttest{
if (requireNamespace("readxl", quietly = TRUE)) {
  op <- options(boe.cache_dir = tempdir())
  votes <- boe_mpc_votes()

  # Recent dissents
  recent <- subset(votes, dissent & date >= as.Date("2024-01-01"))
  head(recent)

  options(op)
}
#> ℹ Downloading MPC voting record from Bank of England
#> ✔ Downloading MPC voting record from Bank of England [538ms]
#> 
# }