Loading...
Market
What will be the total reduction in the Bank of England's stock of British government bonds by the end of 2024?
2
Resolution / Starting Odds
Less than £50 billion • 25%
£50 billion to £100 billion • 25%
£100 billion to £150 billion • 25%
More than £150 billion • 25%
Bank of England official announcements and financial reports
Story
Bank of England Holds Interest Rate at 5% in 8-1 Vote for September 2024
Sep 19, 2024, 11:02 AM
The Bank of England has decided to maintain the Bank Rate at 5% following an 8-1 vote by the Monetary Policy Committee in September 2024. This decision aligns with expectations and comes after a previous rate cut from 5.25% in August. The Bank also plans to reduce its stock of British government bonds by £100 billion over the next 12 months. Governor Andrew Bailey indicated that future rate cuts would be implemented gradually over time. This cautious approach contrasts with the recent significant rate cut by the US Federal Reserve.
View original story
Similar markets
Less than £50 billion • 25%
£50 billion to £100 billion • 25%
£100 billion to £150 billion • 25%
More than £150 billion • 25%
Yes • 50%
No • 50%
Less than £2.75 trillion • 25%
£2.75 trillion to £2.78 trillion • 25%
£2.78 trillion to £2.80 trillion • 25%
More than £2.80 trillion • 25%
By 25% • 25%
By 50% • 25%
By 75% • 25%
By 100% • 25%
Less than £10 billion • 25%
£10 billion to £12 billion • 25%
£12 billion to £14 billion • 25%
More than £14 billion • 25%
Less than $40 billion • 25%
$40 billion to $50 billion • 25%
$50 billion to $60 billion • 25%
More than $60 billion • 25%
Less than £25M • 25%
£25M to £50M • 25%
£50M to £100M • 25%
More than £100M • 25%
Continue reduction • 25%
Pause reduction • 25%
Increase balance sheet • 25%
No change • 25%
Above 5 trillion yuan • 25%
Between 4.75 trillion and 5 trillion yuan • 25%
Between 4.5 trillion and 4.75 trillion yuan • 25%
Below 4.5 trillion yuan • 25%