Free Trial

Summary of Analyst Views (hawkish to dovish) (2/5)

BOE
UBS8-1 vote. Still expect first hike in 2023 but with a better growth outlook and a smaller-than-expected increase in unemployment there are risks of the first hike in late 2022.
INGDon't expect anything on when the first hike will be this week. ING forecasts a 1Q23 move but "wouldn't rule out an earlier move."
UniCreditLook for a more hawkish tone from the rapid recovery and upside risks to inflation. Base case: asset purchases and bank rate on hold through 2022 with risk of tightening in 2022.
BNP8-1 vote with Haldane voting to reduce APF target. Think the rest of the MPC will agree that Bank does not need to do something now about short-term inflation shock.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.