Home News More from Mann: Market expectations ahead of November meeting were too high

More from Mann: Market expectations ahead of November meeting were too high

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US stocks set to open slightly higher
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  • The BOE effectively communicated that rates must rise
  • Market expectations ahead of the November meeting were too high (the market had an implied discount rate peaking at around 5.25% in the second half of next year before the November 3 75bp rate hike )

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