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MNI BOE Review - September 2021: Votes to hike in 2021?

  • The September MPC meeting was supposed to be a bit of a placeholder meeting. However, it turned out to be one of the most market moving MPC meetings of the year.
  • We look at why it was considered to be hawkish and examine what data there will be to assess the labour market post-furlough in 2021.
  • We have also read through and summarised 18 analyst reviews and note that there are four who now look for a February 2021 hike as their base case (up from none prior to the meeting).
Full document:

MNI BoE Review - Sep21.pdf



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