BoE interest rate decision - 'Market has got ahead of itself'

90% chance of rate hike priced in

Tom Eckett
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BoE governor Mark Carney
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BoE governor Mark Carney

An interest rate rise today may not be the done deal the market expects, commentators have warned, pointing to little change in economic data since the last Monetary Policy Committee (MPC) meeting.

Markets are currently pricing in a 90% chance the Bank of England (BoE) will raise rates by 0.25% for the first time since June 2007 at its November meeting today with all signs seeming to point to a hike....

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