Traders have long-expected the Bank of England to leave interest rates unchanged at its meeting on Thursday. While that view still holds, bets on a surprise rate reduction have increased in the past few weeks.
The probability traders are putting on a 0.25 percentage point rate cut at the November meeting rose from 5 per cent in late September to about 30 per cent on Friday, according to Bloomberg.
At the central bank’s last meeting in September, policymakers signalled rising concern about inflation after data over the summer showed that price pressures in the UK economy were firmer than expected.
您已阅读13%（601字），剩余87%（4080字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。