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Deutsche Bank Revise BoE Call; Sees 25bps in August vs. 50bps Previously

BOE
  • Deutsche Bank revise their BoE view and now see a 25bps rate rise in August, down from the 50bps hike previously expected.
  • They had put their previous view under review last week following the inflation print (so it's not a surprise they changed their view today).
  • After 25bp in August they look for 2x25bp further hikes to a terminal 5.75%.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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