BOE RATE CUT ODDS RISE ABOVE 60% - BLOOMBERG - Kedai Saham
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Friday, January 17, 2020

BOE RATE CUT ODDS RISE ABOVE 60% - BLOOMBERG

BOE RATE CUT ODDS RISE ABOVE 60% - BLOOMBERG

Traders ramped up bets for the Bank of England (BOE) to lower interest rates in January in following the release of weaker-than-expected UK inflation data on Wednesday.

Markets are currently pricing in a more than 60% chance of a cut in January, up from 44% on Tuesday. A move by May is now almost fully priced in, according to Bloomberg.

(kedaitrader.com)

Impact : Medium
Sentiment : Bad for GBP

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