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###/VIEWS: Bank desk views on Thursday's BoE....>

BOE
BOE: ###/VIEWS: Bank desk views on Thursday's BoE meeting - wide consensus on
Bank Rate hold at 0.75% / no QE change but some other comments of note:
- Rabobank: MPC in wait-and-see mode while putting emphasis on the risk of
further tightening should there be an inflationary no-deal Brexit. May 2019 the
first realistic opportunity for the MPC to raise Bank rate to 1.00%.
- TD: At most, risks of a softer H218 might get flagged, otherwise communication
focused on gradual rate hikes but heightened uncertainty over Brexit.
- NatWest: We expect unanimous policy votes [for no change] in September.
- RBC: Unlikely to deliver any changes on policy or guidance. MPC unlikely to
push against benign rate hike market pricing given potential Brexit risks.
- Barclays: Could be some questions about how the MPC intends to take into
account Brexit negotiations, but limited scope for market-moving revelations.
- Nomura: Expect decisions to keep rates and QE on hold to be unanimous (9-0),
not saying much new following decision to raise rates last month.
- Credit Suisse: BoE chief Carney agreeing to stay until Jan 2020 is welcome
news given the continuity that implies, but does not move the dial otherwise.

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