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Analyst Views - Hawkish to Dovish (A-Z) (4/5)

BOE
INGExpect 25bp hike in May22 with 8-1 vote (Cunliffe to prefer to stay on hold). Expect further 25bp hike in Jun22 before staying on hold for the remainder of the year.
Credit Suisse25bp hike with 6-3 vote (3 prefer unch). Details on QT vague with active sales not starting until end-22/early-23. Further 25bp in Aug22 with further hikes in 2023.
Berenberg25bp with possibly more than just Cunliffe dovishly dissenting. QT unlikely this week, but will be no more than GBP1bln/week if announced. Further hikes: Q3-22, Q1-23, Q3-23.
BNP"Convincing majority" in favour of 25bp May hike, with next hike in Aug22 before "extended pause for the rest of the year." Gilt sales don't begin until 2023.
SEBLook for 25bp hikes in May22, Aug22, Feb23 and Sep23 to bring Bank Rate to 1.75% by end-2023.

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