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Summary of Analyst Views (hawkish to dovish) (1/5)


BofAWatch Aug for any dissents to end QE early (but don't expect this). 15bp hike in May 2022 (base: no hikes in 2023; risk: hike to 0.50% in Feb 2023). QT to start shortly after first hike.
SocGen"Not out of the question" that another member of the MPC joins Haldane in voting for reduction in APF target. Econ a bit hotter but uncertainty greater.
MSJune meeting "low key." APF envelope to be completed (risk of slower pace of current envelope to Mar 22). First hike Aug 22 then once per year. QT option when Bank Rate 1%.
JPM8-1 vote with asset purchases completed in 2021. Rates on hold until Q4 22 with UnE rising as furlough scheme ends (risk: lower UnE could see BOE contemplate earlier hike).

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