BoE Preview: Another Rate Hike and Passive QT

<p>Key takeaways We expect the Bank of England (BoE) will hike the Bank Rate by 25bp to 0.50% on Thursday. We expect the BoE will repeat that “some modest tightening of monetary policy […] is likely to be necessary”, which we would interpret as a small pushback to current market pricing. A removal would be […]</p>
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