CBA's Kinsella's Sees a BOE Rate Hike in November

The video discusses the recent CPI print and its alignment with inflation expectations, suggesting that the economic outlook remains stable. It predicts a rate hike in November, as the post-Brexit emergency rate cut conditions have not materialized. The discussion also covers market pricing, indicating that the current rate hike expectations may be too low, and suggests that sterling is undervalued, with potential for appreciation.

What was the average CPI in the second quarter as mentioned in the video?

• 3.0%

• 2.0%

• 2.7%

• 1.5%

What is the predicted rate hike in November according to the video?

• 50 bips

• 10 bips

• 75 bips

• 25 bips

What was the reason for last year's rate cut mentioned in the video?

• Global economic slowdown

• Post-Brexit emergency

• Inflation control

• Currency stabilization

According to the video, how do market prices view the rate hikes over the next two years?

• Too high

• Unpredictable

• Just right

• Too low

What is the current valuation of sterling in trade-weighted terms as discussed in the video?

• Overvalued

• Fairly valued

• Undervalued

• Highly volatile