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Analyst Views (Hawkish to Dovish) - 5/5

BOE
HSBC9-0 vote for on hold Dec decision. Still expect first 15bp hike in Feb22 but "would have been tempted" to change call if not for Omicron. Further 25bp hikes in Aug22 and Feb23.
UniCredit“We see a 15bp hike in February, followed by a 25bp rise in August and a final 25bp increase in February 2023, returning the bank rate to its pre-pandemic level of 0.75%.”
Bank of AmericaExpect Dec21 decision to be a close call but expet a 7-2 or 6-3 vote for rates to be on hold. Look for 15bp Feb22 hike and 25bp in May22 with QT starting in July.
Pantheon“The Covid situation won't be better in early February; the March meeting is a better bet for the first rate hike.” Expect second hike of 25bp in Aug22.

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