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Summary of Analyst Views (Sorted Hawkish to Dovish) (4/5)

BOE
RabobankExpect 6-3 vote in favour of a 15bp hike this week but no early end to APF. Pencil in another 25bp hike in Feb but "little chance" of the BoE hiking in line with market pricing.
INGExpect a 15bp hike this week rather than December so the hike can be communicated via a press conference. "We expect at most one or maybe two rate rises next year."
Bank of AmericaExpect 15bp hike this week followed by further 25bp in Feb with no reinvestment of March gilt. Then on hold until 25bp hike in 2023.
Citi15bp Nov hike with a further 25bp in Feb accompanied by the beginning of passive QE. However rates then "stuck" at 0.50% through 2022 "as the recovery loses momentum."
Société GénéraleFirst hike: 15bp Dec hike (50% pro, base case), 25bp Nov hike (30%), 15bp Feb-22 hike (20%). Hike to 0.50% in Q2-22 then 50bp more hikes in 2023.
ScotiaThink the BoE hike this week "and end the purchase programme on target by year-end."

Source: MNI, analyst previews

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