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JP Morgan are forecasting another 75bp of Bank of England rate hikes

JP Morgan are forecasting another 75bp of Bank of England rate hikes
Earlier on revisions to BoE rate hike forecasts:Goldman Sachs now sees 50 bps Bank of England hike in AugustGoldman Sachs expects a 50 bps hike in August and a final 0.25% hike in SeptemberJP Morgan have a variation on this forecast:raised their terminal rate forecast for the Bank of England to 5.75%forecasting a +25bp hike in August with another two to follow"This new policy rate level in our forecast recognizes that there is a dynamic between wages and prices that needs to be stopped, and assu... Read More
Posted: Jun 22 2023, 20:44
Author Name: forexlive
Views: 102797

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