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BoE to start hiking rates in Q4 this year: Nordea

Quotes from Nordea Markets: -The Bank of England is in no hurry to raise policy rates either. The minutes revealed a split in the Monetary Policy Committee on the policy stance longer out. -We expect the BoE to start hik…

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Quotes from Nordea Markets:

-The Bank of England is in no hurry to raise policy rates either. The minutes revealed a split in the Monetary Policy Committee on the policy stance longer out.

-We expect the BoE to start hiking rates in Q4 this year, which is somewhat earlier than the current market pricing.

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