/VIEW: (1/2) Majority of banks see 6-2 vote.....>

BOE: /VIEW: (1/2) Majority of banks see 6-2 vote for unchanged rates, the rest

5-3 except Nomura who see 60% chance of a rate hike:

- DB: Data since last meeting has not made growth/CPI trade off more challenging

nor has is brought much relief either. At least 2 members to vote for rate hike.

- Barclays: Expect MPC to downgrade growth & CPI forecasts and find it difficult

majority of MPC to drift further into hawkish territory and see 6-2 vote.

- Commerzbank: Latest growth and CPI data should prompt MPC to maintain rates on

hold and see vote as 6-2, but likely to keep option of tightening on table.

- Nomura: A reversal of small degree of policy accommodation remains our central

forecast (60%), albeit recognizing a relatively high 40% probability of rates

being left on hold, in which case switch call to Nov meeting.

- Lloyds: Expect 6-2 vote for no change, Aug forecast to be largely unchanged,

growth nudged lower. Likely to repeat 'limited tolerance' to above target CPI.

- Goldmans: Expect 5-3 vote to keep rates unchanged. To announce TFS to end in

Feb 2018. Expect 0.2bp cut to 2017 GDP forecast and CPI largely unchanged. Weak

sterling amid domestic political risks tilt the Committee hawkish.