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###/VIEW: (1/2) Majority of analysts expect.....>

BOE
BOE: ###/VIEW: (1/2) Majority of analysts expect no change in BoE monetary
policy or language, but some see 2 dissenters calling for immediate rate hike:
- NOMURA: MPC language to keep May meeting very much live, but far from what was
said in Sep 2017. Also expect to repeat "conventional horizon" language and an
outside chance it could even append that with the "coming months". Still see 2
rates hikes this year and next.
- BARCLAYS: Expect 7:2 vote too maintain policy rates with Saunders McCafferty
most likely to dissent. Most likely see repetition of Feb MPC communique and
validate market expectations of a May hike and shift focus to next step.
- CITI: BoE unlikely to change policy but could give clues about timing of its
next hike. See next 25bp rate hike in August, with a hawkish surprise if there
was a vote split or said rate patch should be steeper. Less certain on economic
outlook would be deemed dovish.
- GOLDMANS: We expect the MPC to vote unanimously in favour of no change in
policy and continue to expect the next 25bp hike to come in May.

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