Deutsche Bank expect +25bps rate hike from the Bank of England this week – 'close call'

<p>A snippet on what Deutsche Bank is expecting from the Bank of England:</p><ul><li>expect a +25bps hike taking the Bank Rate to 5.25%</li><li>it is a close call between that and +50bps</li><li>Beyond next week's decision, see two more +25bps hikes</li><li>rate cuts potentially starting from Q2 of 2024</li></ul><p>—</p><p>Announcement due at 1100 GMT, which is 0700 US Eastern time:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.