CME predicts December Bank of England rate hike

CME’s Bank of England Watch

clock • 1 min read
There is a 72.4% likelihood that the Bank of England will hike interest rates in December, according to CME’s Bank of England Watch tool.
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There is a 72.4% likelihood that the Bank of England will hike interest rates in December, according to CME’s Bank of England Watch tool.

There is a 72.4% likelihood that the Bank of England will hike interest rates in December, according to CME’s Bank of England Watch tool.

CME, which uses its MPC SONIA futures prices to find market expectations of what BoE monetary policy will be, found there is a strong chance the bank will raise rates at its monetary policy meeting on...

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