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Summary of Analyst Views (hawkish to dovish) (3/5)

NomuraExpect another 8-1 vote but "a real risk" of further dissents to reduce APF target. Expect the Bank to start cutting QE holding simultaneously to rate hike in 2023.
DeutscheHaldane dissents in 8-1 vote. BOE to remain "cautiously optimistic around the recovery." "Shouldn't be surprised if the MPC gets more hawkish heading into summer."
HSBCNo change to vote from May. Expect no hikes by end 2022 but see no reason that the BOE could not raise rates earlier than the Fed.
Barclays8-1 vote with Haldane voting to reduce APF target. Minutes "strike a marginally up-beat tone" but maintain guidance. APF purchases completed with no hike in 2022.

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