Economy Bloomberg 2h ago

Traders Cement Bets on Two BOE Cuts in 2026 After Jobs Data

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Why This Matters

Traders are increasing their bets on two Bank of England interest-rate cuts in 2026 due to the recent UK unemployment and wage growth data, indicating a potential shift in monetary policy.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Traders increased their bets on more Bank of England interest-rate cuts after UK unemployment rose to a near five-year high and wage growth cooled.

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