Free Trial

Analyst Views

BOE
  • In case you missed it over the weekend, we published our BOE Review, which included an overview of over 20 sellside views.
  • 67% of analysts (14/21) expect the 4.25% rate to be the terminal rate – albeit a number of these see the May decision as data-dependant and finely balanced and note that the bar to a further 25bp hike is low.
  • JP Morgan and Rabobank both look for two further 25bp hikes in their base case to a terminal rate of 4.75%.
  • Barclays, Danske Bank and TD Securities have joined Credit Suisse and Société Générale in looking for a final 25bp hike in May.
  • Berenberg and UBS both still expect cuts to begin in Q4-23 – all other analysts forecast no cuts before 2024, at the earliest.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.