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 04:07:00 2024-07-18 am EDT | 5-day change | 1st Jan Change | ||
0.7694 GBX | +0.07% | -0.59% | -2.07% |
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Stocks mentioned in the article
Price
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Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
233.1 GBX | +1.04% | +4.67% | 44.24B | ||
67.61 USD | +0.51% | +0.94% | 129B | ||
63.41 EUR | +0.60% | +2.24% | 77.87B | ||
0.8408 GBX | -0.02% | -0.07% | - | ||
0.7694 GBX | +0.07% | -0.59% | - | ||
0.5626 GBX | +0.09% | -0.95% | - | ||
0.5182 GBX | +0.18% | -1.05% | - | ||
0.009199 GBX | -0.03% | -1.08% | - | ||
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