A post by @FirstSquawk on X.
TRADERS ADD TO BOE RATE BETS, SEE 35% CHANCE OF A HIKE IN DEC.
@FirstSquawk on X
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Traders increased their bets on Bank of England rate hikes, with market pricing now implying a 35% chance of a December increase. The shift in expectations reflects growing conviction that the central bank may tighten policy before year-end. The December probability is the key figure to watch as traders reposition ahead of the BoE's final meeting of the year.
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Named in this story
Bank of England, traders