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Summary of Analyst Views (Sorted by Hawkish to Dovish) (3/5)

BOE
DeutscheExpect at least one dissenter to curtail QE. Now look for first hike of 15bp in Aug 22, with 25bp hike in Feb 23 and May 24 with "some modest unwind" of the balance sheet in 2022.
Morgan StanleyExpect a 7-1 vote with Saunders the sole dissenter. Look for "Bank Rate threshold for QT to be reduced to 1%." Feb 22 signal for Aug 22 hike of 15bp.
BNPExpect 7-1 vote with first hike in Aug-22 with "risks skewed towards earlier tightening". Expect confirmation of rate hikes before QT but rates threshold for QT to be removed.
NatWest MarketsInf fcast 2.15% in 2 years/2.05% in 3 years. First 15bp hike Nov 22 with 25bp in Q1-23. Do not expect QT "before Bank Rate has reached at least 0.5% (and probably closer to 1.0%)."
JP MorganBase case for 7-1 vote. Inflation back to 2% at 2/3 year horizons. Still look for first hike in Q4-22 with UnE rate remaining below 5% a potential trigger for H1-22 hike.

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