Q1 2017 is the latest target for the first BOE hike
- Respondents say BOE rates remain unchanged unchanged at next week's MPC
- First hike now pushed back to Q1 2017 from Q4 2016
- 45% see a hike by end of 2016 vs 55% in Jan poll
Further and further back they go. This brings them mostly inline with many banks and institutions (who are part of the poll anyway). This sentiment among the market is going to make it hard for the pound to really run away to the upside.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.