**As seen in Macro Walk Report 11/05/21 cablefxm.co.uk/reports
This week, the most notable change was GBP pairing of BoE rate hike bets after the central bank decided to hold the Bank Rate steady at 0.1%
Preceding the BoE's rate decision, the overnight indexed swap maker was pricing a total of 4 rate hikes by 2H 2022 or a bank rate of 1.15%
As of last Friday, the OIS market sees 2.5 rate hikes, pairing half of the move previously expected
**You can read more on interest rate probabilities at the Macro Walk Report
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