TOTAL VOLUME:
$147.3b
24H VOL:
$160,757,820
24H TRANSACTIONS:
2,798,566,680
OPEN INTEREST:
$1,796,460,506
516,586
Markets across
38,144
events
MATCHED EVENTS:
2,845
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
This market will resolve according to the change in basis points in the Bank Rate resulting from the December 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 December 2026 Monetary Policy Committee meeting, scheduled for December 17, 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 December 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.
This market will resolve according to the change in basis points in the Bank Rate resulting from the December 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 December 2026 Monetary Policy Committee meeting, scheduled for December 17, 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 December 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.
Currently, prediction market participants are strongly indicating a rate decrease, a view that diverges from some traditional analyst forecasts which present a wider range of potential outcomes. While many analysts also anticipate a rate cut in late 2026, a significant portion still predict the Bank of England will hold rates steady or even increase them, citing persistent inflationary pressures. This market reflects a more concentrated expectation of easing monetary policy, suggesting traders may be prioritizing different economic indicators or assigning different weights to existing data compared to conventional financial analysis.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell contracts representing their beliefs about the Bank of England decision. The price of these contracts directly reflects the implied probability of each outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current price indicates a high degree of confidence in a rate cut, as evidenced by the dominant probability assigned to that outcome. Trading volume and order book depth influence price discovery, allowing the market to dynamically adjust to new information and changing sentiment.
This market resolves around Dec 17, 2026, with the outcome confirmed once the Bank of England's official decision regarding interest rates is verifiable from credible public reporting. The resolution will be based on the official announcement made following the December 2026 meeting of the Monetary Policy Committee. The market will determine whether the Bank of England decreases, increases, or holds interest rates steady, based on the official statement released at that time. The outcome will be determined by the actual action taken by the Bank of England.
Several key economic indicators and geopolitical events could significantly impact this market. Unexpected shifts in inflation data, particularly the Consumer Price Index (CPI) and Producer Price Index (PPI), would likely cause traders to reassess their expectations. Stronger-than-expected economic growth or a surge in employment figures could push the market towards a more hawkish stance, while a recessionary environment could further strengthen the expectation of rate cuts. Unexpected political developments or global economic shocks could also introduce volatility and influence the direction of this market.