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###(1/2) Majority of analysts expect BoE MPC....>

BOE
BOE: ###(1/2) Majority of analysts expect BoE MPC to vote 7-2 for a 25bp hike in
rates Thursday with Ramsden and either Cunliffe or Tenreyro dissenting. 2 see
vote at 8-1 with Cunliffe dissenting, while 1 analyst expects a 6-3 vote:
- Goldman: Expect 8-1 vote for 25bp rate hike with Cunliffe sole dissenter.
Expect BoE to reiterate future rate rises will be "gradual", "limited" and for
Carney to refuse to be drawn on the precise timing of next rate rise.
- RBC: Central case is for a 7-2 vote for a one-off 25bp rate hike with Ramsden
and Cunliffe the dissenters. However MPC likely to signal another two 25bp hikes
in the forecast horizon.
- HSBC: Vote likely to be 6-3 for a 25bp rate rise with Ramsden, Tenreyo and
Cunliffe the dissenters. Likely to reiterate tightening will be gradual and
limited and also its policy of unwinding QE.
- UBS: Expect 7-2 vote for first rate hike since July 2007 with Ramsden and
Cunliffe voting for status quo. Expect growth to be revised lower and CPI higher
in QIR. MPC will be keen to avoid impression hike is "one and done".

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