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Goldman Sachs lowers BOE terminal rate forecast to 5.50%

Started by forex4you, Sep 18, 2023, 03:25 pm

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Sep 18, 2023, 03:25 pm
Goldman Sachs lowers BOE terminal rate forecast to 5.50%

The firm now sees the BOE pausing in November as opposed to their previous view that the central bank would hike, noting that:

"Looking ahead to the November meeting, we see a greater chance that sequential wage and price pressures will have cooled sufficiently to allow the MPC to go on hold, given their preference for a flatter peak."



                This article was written by Justin Low at www.forexlive.com.

Source: Goldman Sachs lowers BOE terminal rate forecast to 5.50%

forexlive.com
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