Bank of England Rate Cut Probability Rises to 73% for March

The likelihood of the Bank of England reducing interest rates by 25 basis points in March has increased to 73%, according to recent futures pricing. According to Jin10, this marks a rise from the previous probability of 65% before the release of labor market data. The shift in expectations reflects changing market sentiment as investors assess economic indicators and central bank policies. source: https://www.binance.com/en/square/post/292546874371361?utm_source=BinanceNewsRSS