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TD Securities says they expect the Bank.....>

UK VIEW
UK VIEW: TD Securities says they expect the Bank of England to hike rates in
August, followed by two more hikes in 2019, once in May and another in November.
- Add that if the BoE does not raise rates in August due to disappointing data
then a hike in 2018 "is largely off the table as it suggests deeper underlying
problems in the economy".
- TD also say that the timing of the rate hikes in 2019 "remains somewhat
flexible, and is more likely to be a function of smooth Brexit negotiations than
anything else".

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