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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Announcement due at 1100 GMT, which is 0700 US Eastern time:
