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)