LONDON, March 20 (Reuters) - Investors on Monday were
putting a chance of more than 50% on the Bank of England pausing
its run of interest rate increases this week as financial
markets remained volatile following the Swiss government-backed
takeover by UBS of Credit Suisse.
Interest rate futures suggested the likelihood of no change
in Bank Rate on March 23 was about 56% at 0817 GMT. Bets on a
quarter-percentage point rate hike stood at about 44%.
Earlier this month, the chance of a BoE rate hike pause was
seen around 10%.
(Reporting by William Schomberg, Editing by Kylie MacLellan)
Reuters Messaging: william.schomberg.reuters.com@reuters.net))
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