June 23 (Reuters) - Several major global banks raised their terminal rate forecasts for the Bank of England key interest rate, after the central bank surprised with a larger-than-expected 50 basis points hike to 5% on Thursday. Following are forecasts from some global banks: Brokerage August September November Terminal Name Expectation Expectation Expectation rate J.P.Morgan 25 bps hike 25 bps hike 25 bps hike 5.75% Morgan 25 bps hike 25 bps hike - 5.50% Stanley Goldman 50 bps hike 25 bps hike - 5.75% Sachs Citigroup 25 bps hike 25 bps hike 25 bps hike 5.75% Deutsche 25 bps hike 25 bps hike 25 bps hike 5.75% Bank HSBC 25 bps hike 25 bps hike - 5.50% BNP Paribas 50 bps bike 25 bps hike - 5.75% 50 bps hike 25 bps hike - 5.75% Barclays UBS 50 bps bike 25 bps hike - 5.75% (Compiled by Broker Research team in Bengaluru)
Delayed 07:03:00 18/07/2024 BST | 5-day change | 1st Jan Change | ||
0.7687 GBX | -0.01% | -0.67% | -2.15% |
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Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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230.7 GBX | +1.47% | +5.08% | 44.24B | ||
67.61 USD | +0.51% | +0.94% | 129B | ||
63.03 EUR | +0.74% | +2.29% | 77.87B | ||
0.8407 GBX | -0.03% | -0.10% | - | ||
0.7688 GBX | -0.00% | -0.67% | - | ||
0.562 GBX | -0.01% | -1.06% | - | ||
0.5176 GBX | +0.08% | -1.16% | - | ||
0.009198 GBX | -0.04% | -1.08% | - | ||
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