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Analyst Views 3/5 (Hakwish to Dovish)

BOE
Nomura"Few barriers" to another 50bp hike in Sep22. Final 25bp hike in Nov22 to 2.50%. "Modest" rate cuts in 2023 - 25bp in both May23 and Aug23.
JP MorganSep22 close call between 25bp and 50bp but "now think 50bp is more likely." Thereafter expect pause from Nov22 as there is clearer evidence of weakening growth.
CIBCExpect further 50bp hike in Sep22 into modestly restrictive territory, then on hold. Risk is substantial fiscal expansion that "may require an additional monetary policy offset."
ING"Another 50bp hike in September seems plausible". "We think the Bank's next rate hike in September could be the last."

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