RANsquawk

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  • Bank of England expected to lift its base rate by 25bps from 0.50% to 0.75%; vote split expected to be 7-2
  • Recent UK data points and MPC rhetoric has lead to markets pricing in a circa 80-90% chance of a hike
  • Little in the way of material changes are expected for inflation and growth forecasts with the economy having developed largely in-fitting with the MPC’s expectations

BACKGROUND

After what has been a complex year thus far for the Old Lady,...

That's us done for the week! Stand up, leave the desk, head to the pub and keep drinking until you've got double vi… https://t.co/HUpqVHhlM2