From @LiveSquawk|4 hr ago

tweet at 7:05am: BoE Participants Survey: Median Expectation For Peak Bank Rate Is 4.25% -Bank Rate Expected To Peak In March 2023Market Participants Survey results – December 2022 The survey was open from 30 November–2 December 2022 with responses being received from 60 market participants. For most questions, median responses across participants, along with the 25th and 75th percentiles, are reported.footnote[1] For questions that ask respondents to weight different factors or assign probabilities to specific outcomes, the mean weighting is reported. For questions that ask respondents to select one option from a given set of possibilities – the respondent count against each option is reported. Question 1: Expectations for Bank Rate 1a) What is your central expectation for Bank Rate after the following MPC meetings (%)? Bank Rate is currently at 3.00%.