Taken from MNI's full BoC Preview which can be found here.
- Analysts are broadly seen as expecting a 25bp hike to 4.5% in the Bloomberg survey, with 22 of 27 analysts calling for such, but the remaining five of those look for no change.
- We cover two of those, National and UBS, in the full note above.
- Explicit rate cut calls are limited at this stage in contrast to heavy inversion priced, with the earliest seeing rates starting to be considered in 2H23.
- Citi after last week’s CPI print stood out with their call for a further 25bp hike to 4.75% in March.