Bank of England Review – We Stay Negative on GBP with BoE Nearing Peak

<p>In line with our expectation, the BoE today hiked the policy rate by 25bp, bringing the Bank Rate to 5.25%. We stick to our call of a final 25bp hike in September marking a peak in the Bank Rate of 5.50%. Wage growth and service inflation remain the key releases to follow. We stay negative […]</p>
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