THINK Ahead: We’re forecasting fewer rate hikes than markets. Could we be wrong?
Investors are pricing four more ECB hikes, and similar from the Bank of England.
We're not convinced.
think.ing.com/opinions/think…
Here's our preview of next week's Bank of Japan meeting:
▪A 25bp hike to 1.25% is widely expected.
▪ Our house view is for two further 25bp rate hikes next Jan + April, which would take the policy rate to 1.75%.
▪ Money market rates have surged since June, raising the risk of
The UK economy performed much better than expected in July but @SmithEconomics thinks the data may be overstated and expects momentum to slow in the second half