MNI BRIEF: Japan Q4 Output Gap Posts Positive Figure - BOJ

MNI: PBOC Drains Net CNY248 Bln Via OMO Weds; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.0949 Weds; -4.77% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.0949 WEDS VS 7.0957

MNI China Daily Summary: Tuesday, April 2

Energy Drives Headline Increase To 3.1% Y/Y

UK Timeline of Key Events (All Times UK)

Eurozone Timeline of Key Events (BST)

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

View Change: UBS: Another 50bp in Sep, then 2x25bp to 2.75% by year-end

BOE
  • Given the “hawkish voting outcome and the MPC's focus on wage and price setting dynamics, which are unlikely to show significant signs of easing in the next month, we expect the MPC to deliver another 50bp hike on 15 September followed by two 25bp hikes in November and December. This would bring Bank Rate to 2.75%.”
  • UBS then expects Bank Rate to remain on hold through 2023.
  • UBS had previously expected 25bp hikes in August, September, November and December to 2.25%.
  • “The scale and pace of hikes, however, will also depend on who will succeed Boris Johnson as the next Prime Minister and, in particular, their fiscal policy stance.”
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.