Why the U.K.’s high inflation has global implications
Goldman Sachs Exchanges
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The Market's Mixed Views on the Central Bank Meeting
Market is pricing in between a 25 basis point hike and a 50 basis point hike. Yari: The data surprises have carried rates lower into this meeting, both the inflation and on some of the activity numbers coming in a little bit weaker. And so where do you think yields will go from here? We forecast that the terminal rate will probably just undershoot market pricing ever so slightly,. But that the Bank of England do have more work to do to raise the policy rate from current 5% levels.
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