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My prediction - June

I think the Bank of England will probably not raise rates when it announces its decision today, preferring a little more time to wait and see how far its four previous rate rises affect us. With that in mind, here are my (subjective) probabilities, rounded up to the nearest 1%.

Probability of no change: 75%

Probability of a rise: 24%

Probability of a cut: 1%

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