The latest note on the BOE by Morgan Stanley:
"The BOE stops hiking as bank rate hits 4.0% in March 2023. With the inflation target in sight, and unemployment on the rise, we expect 150 bps of cuts in 2024."
BOE rate hike cycle to end in March next year, rate cuts in 2024 - Morgan Stanley
- Morgan Stanley sees the BOE cutting its bank rate by 150 bps in 2024
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