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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...
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Posted: Jun 22 2023, 20:44
Author Name: forexlive
Views: 102797