BoE to raise rates by 50 bps in December – Rabobank – by MSalordFX BOE Banks GBPUSD
by 75 basis points to 3%. Analysts at Rabobank expect a 50 bps rise in December and a 4.75% terminal rate.“There has been a global debate about the current pace of interest rate hikes, the peak at which central banks decide that enough has been done, and the pivot that at some point will follow. Yesterday, thesignalled it is looking for a slower pace, to a higher peak, for a longer period of time.
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