in

Investors increase their bets on a 100 basis-point BoE rate hike

Interest rate futures put the chance of a 100 basis-point rate hike by the BoE at about 37%, higher than before the announcement of the delay.

Earlier this month investors sharply scaled back their nearly 100% bets on such a big borrowing costs increase after new finance minister Jeremy Hunt ripped up the economic plans of former prime minister Liz Truss last week, before she resigned.


Source: Economy - investing.com

More than 100,000 Americans are waiting for an organ transplant

UK’s Rishi Sunak delays plan on public finances until Nov 17