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Goldman Sachs forecasts Bank of England to hold rates at Dec meeting (vs. prior 25bp cut)

Goldman Sachs forecasts Bank of England to hold rates at Dec meeting (vs. prior 25bp cut)

Central Banks
Eamonn Sheridan
31/10/2024 | 03:36 GMT
  • Goldman Sachs changes its call on the Bank of England

Goldman Sachs now projects that the Bank of England will keep rates unchanged at the December meeting vs its previous forecast of a 25bps cut.

The BoE meet on November 7 and then again on December 19.

Bank of England bank rate 31 October 2024 2

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