PolymarketMacro / FedDevelopingUpdated 9m ago

Bank of England decreases interest rates by 25 bps after November 2026 meeting?

As of Oct 17, 2026, 11:58 PM ET, Polymarket priced this market at 0.3% (little changed over 24 hours). It had $27.1K traded in the past 24 hours, $60.8K of order-book liquidity and a bid-ask spread of 0.1 pts. probcast.co rates the support behind this price as moderate.

Market probability
0.3%
Little changed over 24 hours

Thin market where small orders can move the price — though most recent trading came from one account.

Price historyPolymarket

Source: Polymarket price history

How credible was the move?

Methodology →

Move validity

Moderate

Consensus stability

Stable

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

ThinTight spread

Order-book liquidity

$60.8K

Bid-ask spread

0.1 pts

24h volume

$27.1K

Total volume

$40.9K

It would take roughly $515.8 of buying to move the price up by ~5 pts.

Little money on the book — a modest order can move this price, so treat swings with care.

Who's trading

Whose opinion is this price?

One account dominates
63%of the traded money came from the single largest account

Accounts

54

Trades

200

over 38 days

Largest order

$20.6

$46.3 traded across these 200 trades (last 38 days).

One account did most of the recent trading — the price reflects that account's view more than a crowd's.

Recent trade activity$46.3 traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market will resolve according to the change in basis points in the Bank Rate resulting from the November 2026 meeting of the Bank of England’s Monetary Policy Committee, relative to the level it was prior to this meeting. The resolution source will be official information from the Bank of England, including the statement or release from its November 2026 Monetary Policy Committee meeting, scheduled for November …

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve according to the change in basis points in the Bank Rate resulting from the November 2026 meeting of the Bank of England’s Monetary Policy Committee, relative to the level it was prior to this meeting. The resolution source will be official information from the Bank of England, including the statement or release from its November 2026 Monetary Policy Committee meeting, scheduled for November 5, 2026, as listed on the official Bank of England calendar (https://www.bankofengland.co.uk/monetary-policy/upcoming-mpc-dates). This market may resolve as soon as the statement or release of the Bank of England's November 2026 Monetary Policy Committee meeting with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified meeting is postponed to a date and time before the start of the next scheduled meeting, this market will resolve based on the outcome of that postponed meeting. If the specified meeting is cancelled, or postponed such that no decision is announced by the start of the next scheduled meeting, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified meeting will not be considered.

Resolution source: bankofengland.co.uk

What could move this market next?

  • The scheduled event takes placeNovember 5, 2026 at 6:59 PM ET

    The contract resolves on the event's outcome.

  • Confirmation at the resolution source (bankofengland.co.uk)

    The rules name this source as the basis for settlement.

Derived from the contract's own mechanics as of Oct 18, 12:08 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±14 pts.

Quote-drivenLegacy movement classifier: watch

What's happening

medium classifier confidence
Quote-driven

A tight, deep, quote-driven book with little executed flow. The price is stable but reflects resting quotes more than active trading.

  • Tight spread on a liquid, calm market

The latest price is a usable but caveated read — weigh it with the market state.

More details — reliability score, dynamics, durability
Reliability score
48Medium
Where the price path tends to go next1785 observed
  • Choppy / mean-reverting98%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~34h
PredictabilityStable

Secondary read: leaning toward Thin market.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H0.06H+0.124H+0.17D+0.1

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