BNP Paribas' Mutkin Doesn't See BOE Rate Hike on Horizon

The video discusses the potential for interest rate hikes by the Bank of England, considering the votes of board members like Kristen Forbes, Sanders, and McAfee. Despite some hawkish members, the expectation for a rate hike is low, with predictions suggesting no increase until 2019. The UK economy has shown resilience post-Brexit, but wage growth is sluggish, and inflation is rising. The discussion also covers UK real rates, which are edging higher, indicating the market's expectation for negative real policy rates to continue for several years. The bond market's view is challenged by rising inflation and potential data changes.

Who is considered a hawkish member of the Bank of England according to the discussion?

• Andrew Bailey

• Kristen Forbes

• Mark Carney

• Philip Hammond

What is the expected timeline for the Bank of England to start raising interest rates according to Bloomberg Intelligence?

• By December 2017

• In 2018

• In 2020

• In 2019

What economic factor remains sluggish despite the resilience of the UK economy post-Brexit vote?

• Export growth

• Consumption growth

• Wage growth

• Inflation

What is the current trend of UK real rates as discussed in the video?

• They are decreasing rapidly

• They are stable

• They are inching higher

• They are fluctuating wildly

What is the market's expectation for the Bank of England's real policy rates over the next five years?

• Positive at 2%

• Negative at minus 2%

• Stable at 0%

• Increasing to 3%