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BOE RATE HIKE ODDS HIT 94% ON POLYMARKET

BOE RATE HIKE ODDS HIT 94% ON POLYMARKET

The Bank of England's policymakers split 6 to 3 to hold the benchmark rate at 3.75% on September 16. Traders now see it very differently: Polymarket prices a 94% probability of a 25 basis point hike at the November 5 meeting. The $FXB pound sits between a divided, cautious vote last month and a market that is almost certain of a hike eight weeks later.

@55 Markets·1h ago·Source: bankofengland.co.uk · Polymarket
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Written and verified by @55 Markets from the linked source. Not investment advice.

BOE RATE HIKE ODDS HIT 94% ON POLYMARKET | @55 Markets