Why it is moving
BoE monetary policy expectations are being repriced via futures markets, shifting from 40 to 50 basis points of tightening by December.
Driver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
UK rate futures raised BoE tightening expectations to 50 basis points by December, up from 40 bps.
No confirmed source evidence yet.
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