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UK rate hike expectations keep moving forward...>

BOE
BOE: UK rate hike expectations keep moving forward following above-consensus CPI
data Weds and Retail Sales today.
- MNI PINCH suggests next BoE 25bps hike fully priced in for June-19, with
rising chances of an earlier hike (hike occurring at May meeting 80% priced in).
- Before CPI data yesterday, the next hike was only fully priced in for August
2019.

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