Goldman Sachs pulls call on the BOE cutting the bank rate in September

18/07/2025 | 04:13 GMT

The firm previously expected the BOE to cut by another 25 bps at the end of this quarter

They now expect the BOE to deliver sequential rate cuts from November until March next year instead. And that will bring the bank rate to a terminal point of 3%. This of course follows the rate cut expected for next month first.

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