January 31, 2023 10:24 GMT
MNI BOE Preview - Feb 2023: Vote split could see dovish react
- The MNI Markets team expects a 50bp hike at the February 2023 MPC meeting, but see around a 30% probability subjectively of a 25bp hike instead.
- We think there is better risk-reward to position for a dovish outcome than for a hawkish move due to our expectations that there could be a more dovish vote split than the market expects.
- For the full document including summaries of over 20 sell-side views click here.