Will the Bank of England change the UK's interest rate at their 7th November meeting?
Will the Bank of England change the UK's interest rate at their 7th November meeting?
35
1kṀ14kresolved Nov 7
1H
6H
1D
1W
1M
ALL
100%99.1%
Lower rates
0.1%
Raise rates
0.8%
Keep rates at 5%
The Bank of England meets on 7th November 2024 to set interest rates.
The rate was lowered from a high of 5.25% in August and then held at 5% in September.
Will November see a further pause or another drop? Or will there be some unexpected news which means that a raise in rates is suddenly on the cards?
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What is this?
What is Manifold?
Manifold is the world's largest social prediction market.
Get accurate real-time odds on politics, tech, sports, and more.
Or create your own play-money betting market on any question you care about.
Are our predictions accurate?
Yes! Manifold is very well calibrated, with forecasts on average within 4 percentage points of the true probability. Our probabilities are created by users buying and selling shares of a market.
In the 2022 US midterm elections, we outperformed all other prediction market platforms and were in line with FiveThirtyEight’s performance. Many people who don't like betting still use Manifold to get reliable news.
Why use play money?
Why use play money?Mana (Ṁ) is the play-money currency used to bet on Manifold. It cannot be converted to cash. All users start with Ṁ1,000 for free.
Play money means it's much easier for anyone anywhere in the world to get started and try out forecasting without any risk. It also means there's more freedom to create and bet on any type of question.