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Ahead of BoE monetary policy decision and.....>

SONIA
SONIA: Ahead of BoE monetary policy decision and release of MPC minutes at
1200BST, MNI PINCH is implying a 2% chance of rates rising 25bp at today's MPC
meeting and a 46.5% chance of a 25bp rate hike at August MPC meeting. November
2018 appears the most likely timing of next rate hike, followed by another on in
February 2020 according to MNI PINCH:
*Month.......Rate....Prob 25bp Hike
*-----.......----....-------------- 
*June........0.456%.......2.5%
*August......0.586%......54.5%
*September...0.580%......52.5%
*November....0.657%......83.0%
*December....0.663%......85.5%
*February....0.722%.....109.0%
*March.......0.730%.....112.5%
*May.........0.790%.....136.0%
*June........0.797%.....139.0%

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