Pantheon Macroeconomics - Financial markets are pricing in a 20% chance that the Monetary Policy Committee will cut official interest rates during the next six months, broadly the same odds they ascribe to a rate increase. We think the probability of further easing is much slimmer than the market believes.

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2 Dec. 2015 Is An Interest Rate Cut Just as Likely as a Hike?

By Samuel Tombs

Financial markets are pricing in a 20% chance that the Monetary Policy Committee will cut official interest rates during the next six months, broadly the same odds they ascribe to a rate increase. We think the probability of further easing is much slimmer than the market believes.

Posted: 2nd Dec 2015 in 'U.K. Documents'

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