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Analyst Views 2/5 (Hakwish to Dovish)

BOE
Société Générale50bp hike in Sep22 and further 25bp hikes in Nov22 and Dec22 to a peak of 2.50%. "Difficult to see" tightening in 2023 as wage demands cool in the face of the downturn."
DanskeExpect 50bp hike in Sep22 and 25bp in Nov22 with further tightening needed to cool extraordinarily high inflation. No hikes beyond Nov22 with possible rate cuts in 2023.
BerenbergGuidance "suits call" for a 50bp hike in Sep22 with a more uncertain outlook thereafter. Berenberg still looks for final 25bp Nov22 hike but with upside risks. Cuts from H2-23.
Deutsche50bp hike in Sep22 with further 25bp hike in Nov22 to 2.50% terminal rate. Four cuts between Q3-23 and Q2-24 taking Bank Rate to "more neutral level of 1.5%".

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