Central Banks

Deutsche Bank expect +25bps rate hike from the Bank of England this week – ‘close call’

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A snippet on what Deutsche Bank is expecting from the Bank of England:

  • expect a +25bps hike taking the Bank Rate to 5.25%
  • it is a close call between that and +50bps
  • Beyond next week’s decision, see two more +25bps hikes
  • rate cuts potentially starting from Q2 of 2024

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This article was written by Eamonn Sheridan at www.forexlive.com. Source