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 does the speaker suggest about the market pricing for rate hikes?

What is the speaker's opinion on the current exchange rate of sterling?