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Summary of Analyst Views: Hawkish to Dovish (1/6)

BOE
SocGenAssuming boosters are effective against Omicron: 25bp hikes in Feb22, May22 and Aug22 (with potential for Nov22 too). Active QT to start at 1% due to low maturing bonds in 2023.
TD Securities"With the MPC's (possibly overly-) confident discounting of Omicron effects on the outlook." TD Securities now expects 25bp hikes in Feb22, May22 and Aug22.
HSBC25bp hikes in Feb22, May22 and Aug22. March gilt not reinvested, 1% Bank Rate in August isn't "an automatic trigger" to active gilt sales.
SEBLook for 25bp hikes in Feb22, May22, Sep22, Feb23 and Sep23 to bring Bank Rate to 1.25% by end-2023 with a "clear upside risk" to the rate forecasts.

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