Traders raised interest-rate bets on the British Central Bank, fully absorbing the expectations of 25 basis points of interest increase by September

On 14 July, traders raised interest-rate bets on the British Central Bank, fully absorbing the 25 basis points of interest increase expected by September. The British interest rate futures indicate that the market expects the British Central Bank to tighten its policy by December by about 50 basis points, compared to the forecast of about 40 by Monday. Kim Xian