Search investingLive
Home
Central Banks
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

Most Popular

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access
View more

Nasdaq dips 1.4% on high valuations; Palantir drops 7% despite strong earnings. Traders eye AI stock correction.

StockStory
52s ago

Canada widens deficit forecasts, slashes growth forecasts: debt-to-GDP seen rising to 43% Reduced issuance may support short-end supply dynamics, rising debt-servicing costs could add mild pressure to Canadian yields

investingLive Exclusive
1m ago

Canada's deficit balloons 116% to C$78.3B on tariffs & spending. GDP growth projected at 1.1%. Traders eye fiscal discipline.

Reuters
3m ago

AI rally cools! Nasdaq down 1.4%, PLTR drops 7% despite earnings. Valuations stretched, banks warn of correction.

StockStory
8m ago

AI rally cools! Nasdaq dips 1.4%, Palantir drops 7% on high valuations. Traders eye profit-taking.

StockStory
10m ago

AI rally cools! Nasdaq down 1.4%, PLTR drops 7% despite earnings. Valuations questioned, banks warn of correction.

StockStory
12m ago

Economic calendar in Asia Wednesday, November 5 - China PMI, NZ jobs data, BoJ minutes. If there is a clear winner on the economic data calendar today its the China 'Rating Dog' PMI! Have you ever heard a better name for an economic data point?

Economic calendar in Asia Wednesday, November 5 - China PMI, NZ jobs data, BoJ minutes. If there is a clear winner on the economic data calendar today its the China 'Rating Dog' PMI! Have you ever heard a better name for an economic data point?
investingLive Exclusive
12m ago
investingLive Premium
Telegram Community
Gain Access

Top Brokers

Sponsored

General Risk Warning

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2025 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}