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Analyst Views (Hawkish to Dovish): 2/5

BOE
Bank of AmericaLook for 25bp hike with 6-3 vote (risk of 5-4); all dissenters looking for 50bp. Look for further 25bp hikes in Aug22, Sep22 and Nov22 and no longer look for 2023 cut.
Societe Generale25bp hike this week but with the vote "split between 25bp and 50bp moves." Continue to look for further hikes in Aug22, Sep22 and Nov22 and then on hold through 2023.
ING25bp hike with 6-3 vote (dissents for 50bp). Risk of a 3-way split or Ramsden voting for 50bp. Further 25bp hikes in Aug22 and Sep22 taking Bank Rate close to neutral and Bank pauses.
BNP25bp hike with "convincing majority" voting for 25bp. Fiscal/labour market developments lead to BNP to add hikes in Aug22 and Nov22. Two further hikes in H1-23 to 2.25%.

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