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###(2/2) BoE views continued: - RBC: Expect.....>

BOE
BOE: ###(2/2) BoE views continued:
- RBC: Expect 9-0 for rates to be left unchanged but do not expect material
changes in GDP and CPI projections. Seeing markets pricing of May rate hike
overdone. Still see no change in rates during 2018.
- UBS: Expect the BoE to raise rate to 0.75% in May if transitional deal is
struck in March.
- Lloyds: Anticipate a unanimous decision to leave policy unchanged for now.
Remain comfortable with our call for a 25bp hike in August, but risk to a hike
in May has risen. Expect Growth and CPI to be revised slightly higher.
- TD: Expect BoE to keep policy on hold and paint a relatively neutral tone on
economy. Too soon to start pivoting communication towards our expectations of a
May rate hike. See small upward revisions to near-term GDP and CPI.

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