Goldman Sachs expects the Bank of England to further and faster interest rate cuts

Goldman Sachs research report predicts that the UK's Central Bank, the Bank of England, is expected to cut interest rates faster. Inflation/wage data and recent communications from the Bank of England indicate that the market generally expects a 25 basis point rate cut in November, and the obstacles to accelerating the pace of rate cuts are low if inflation continues to decline. Our economists still expect the Bank of England to continue cutting interest rates to 3% by September 2025, faster than market pricing. (Jinshi)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)