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.
Goldman Sachs pulls call on the BOE cutting the bank rate in September
- The firm previously expected the BOE to cut by another 25 bps at the end of this quarter
Top Brokers
Sponsored
investingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only. We do not provide investment advice or brokerage services. CFDs are complex, high-risk products and may not be suitable for all investors. investingLive is not responsible for any trading losses or decisions made based on content found on our site.
