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MNI PINCH a slightly lower path of interest...>

SONIA
SONIA: MNI PINCH a slightly lower path of interest rates in the UK following BoE
decision and release of MPC minutes and May qrtly inflation report:
- MNI PINCH sees market pricing a near 50% chance of a 25bp rate hike in August
down from 66% seen prior to announcement
- Markets seen pricing in a full 25bp rate hike at November MPC meeting, down
from 26.7bp of rate hikes.
- Markets still see very good chance of rates being hiked to 1% at August 2019
meeting. 

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