GBP/USD: Hawkish BoE hike may keep Cable in the ascendancy – SocGen GBPUSD BOE Banks
“A hawkish 25 bps rate increase this week by the“A three-way split with some members renewing their call for 50 bps is not ruled out after above forecast wage and inflation data last month.”
“We forecast +25 bps to 4.50% and will review their call for the terminal rate of 4.50% after the meeting.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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