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***Ahead of BoE monetary policy decision,.....>

SONIA
SONIA: ***Ahead of BoE monetary policy decision, release of MPC minutes and
latest qrt inflation report at 1200GMT, MNI PINCH is implying a 8.5% chance of
rates rising 25bp at today's MPC meeting and a 66% chance of a 25bp rate hike at
August MPC meeting. For 2019 market pricing in a rate hike in August according
to MNI PINCH:
*Month.......Rate....Prob 25bp Hike
*-----.......----....-------------- 
*May.........0.4767%......8.5%
*June........0.509%......21.5%
*August......0.621%......66.0%
*September...0.701%......98.5%
*November....0.722%.....106.5%
*December....0.711%.....102.5%
*February....0.779%.....129.5%
*March.......0.792%.....134.5%
*May.........0.848%.....157.0%

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