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Analyst Views: Hawkish to Dovish (4/5)

BOE
CitiBase case for 25bp hike in Aug22 but potential for at least one 50bp hike in 2022 with Bank Rate at 2.50% by year-end. Two 25bp cuts in 2023, but growing risks to this call.
Credit Suisse25bp Aug22 hike with 5-4 vote (Pill joins dissenters). Expect 25bp hikes in Sep22, Nov22, Dec22 to 2.25% then three hikes in 2023 to 3.00%.
UBS25bp hike in Aug22 but "significant risk" of 50bp. Look for further 25bp hikes in Sep22, Nov22 and Dec22. 50bp hike in Aug22 increases chance of further 50bp hikes.
Morgan Stanley60% probability of 25bp hike in Aug22 with further 25bp hikes in Sep22 and Nov22 to 2.00% peak. Active gilt sales confirmatory vote in Sep22 at GBP10bln/Q pace.

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