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Summary of Analyst Views: Hawkish to Dovish (4/6)

BOE
Commerzbank"The BoE is focusing on inflation even when it comes to the impact of the omicron variant". Next hike "as early as February.” Further 25bp hikes in Q3-22 and Q1-23
Morgan StanleyExpect Feb22 hike. Slowdown in growth, easing of inflation, tax hikes and end of APF revinvestments in Mar22 delay next hike to Nov22 and one hike in 2023.
Bank of AmericaBring forward next rate hike to Feb22, triggering a GBP28bln March gilt run-off. Also bring forward next hike to Nov22.

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