Pantheon Macroeconomics, on the BoE, writes "We see the MPC’s guidance and individual comments as signalling two-to-three rate hikes this year, dependent on energy prices of course"; prev. exp. one hike
Context
Pantheon Macroeconomics' latest comments suggest a shift in the Bank of England's Monetary Policy Committee (MPC) outlook, now indicating two to three rate hikes this year, contingent on energy price developments. This marks a notable change from previous expectations of just a single hike, highlighting potential upward pressure on GBP and impacting fixed income markets as participants recalibrate their rate hike expectations accordingly.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#UNITED KINGDOM#GBP#EUROPE#MARATHON PETROLEUM CORP#BOE#FIXED INCOME#EQUITIES#EU SESSION#US SESSION#MONETARY POLICY COMMITTEE#CENTRAL BANK#OIL & GAS REFINING & MARKETING#OIL, GAS & CONSUMABLE FUELS#ENERGY (GROUP)#S&P 500 INDEX