Resolution criteria on PolyGram: This market will resolve to “Yes” if the Bank of England's Bank Rate is increased at any point between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. This market may not resolve to "No" until December 31, 2026, 11:59 PM ET has passed. The primary resolution source for this market will be the official website of the Bank of England (https://www.bankofengland.co.uk/), however a consensus of credible reporting may also be used.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| Bank of England rate hike in 2026? | 55% YES | 46% NO |
The Bank of England's Monetary Policy Committee will meet eight times between now and end-2026, with decisions scheduled roughly every six weeks. The market is pricing a 55% probability that the Bank Rate rises from its current level at least once during this window. The current order book on Polymarket reflects this split view, with buyers and sellers broadly balanced around the mid-50s.
The BoE has held rates at 4.75% since August 2023 after a hiking cycle that began in December 2021. Historical precedent suggests the Committee typically signals major directional shifts well in advance through forward guidance and inflation commentary. The current inflation environment—with CPI at 2.6% as of late 2024—sits above the 2% target but within the tolerance band. Previous cycles show the BoE tends to cut rather than hike when inflation moderates, though external shocks and wage growth dynamics can alter this calculus significantly.
Traders should monitor quarterly inflation data releases, wage growth figures from the Office for National Statistics, and the Committee's own communications at each decision point. The February 2025 inflation report and subsequent CPI prints will be critical for assessing whether upside price pressures persist. Sterling movements and gilt yields also influence the calculus; a weaker pound could reignite import-price inflation concerns. The market's current 55% YES probability reflects genuine uncertainty about whether the disinflationary trend continues or reverses over the next two years.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
The mechanics for trading "Bank of England rate hike in 2026?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$27K in lifetime turnover and $1K of resting liquidity puts this market in the around the median by volume for boe contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.
Last 24 hours alone saw $110 in turnover, consistent with the market's lifetime daily-average pace.
The market has been open for 2 months — the price has had time to stabilise as new information arrived.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
As of today, traders on Polymarket price this outcome at 55%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 31 December 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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