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BoE will hike rates sooner than the market currently prices in: UniCredit

Quotes from UniCredit Research: -We continue to expect the BoE will hike rates sooner than the market currently prices in, supported also by a strong pickup in wage growth. -Over the last week or so, the market has pushe…

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Quotes from UniCredit Research:

-We continue to expect the BoE will hike rates sooner than the market currently prices in, supported also by a strong pickup in wage growth.

-Over the last week or so, the market has pushed back its expectation of a full 25bp hike from February to April 2016.

-We think there is room for some re-pricing in that respect which should play to sterling's advantage.

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