A post by @FirstSquawk on X.
TRADERS ADD TO BOE RATE BETS, SEE 50% CHANCE OF A HIKE IN DEC.
@FirstSquawk on X
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50Impact 50 of 100, routine
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Traders increased their bets on Bank of England rate increases, with market pricing now implying a roughly 50% probability of a hike in December, according to a First Squawk post. The shift reflects growing conviction that the central bank may tighten policy before year-end, a notable change in expectations for the BoE path. The December meeting is now the key event to watch, with the odds of a move sitting near a coin flip.
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Bank of England, Traders