Trial now
CHINA

CNH Gains For First Day In Four

KRW

BofA On KRW Matters

RBNZ

Full Fill For LSAP

JGBS

Futures Breach Resistance

SGD

Virus Restrictions Retightened

AUSSIE BONDS

IRZ1 Lifted

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Pantheon Doubt "the MPC will say anything which would warrant a further steepening of the interest rate futures curve". Expect 8-1 vote with first hike in H2-23.
Citi 8-1 vote in June. First hike Aug 23 with further 25bp hikes in Q3-24 and Q3-25. Balance sheet reduction to start when Bank Rate hits 0.50% (2024 on Citi's forecasts).
Goldman Sachs Unlikely significant news at June meeting. Look for August announcement that balance sheet unwind will come before hikes with unwind beginning Q3-23 and first hike Q1-24.