Goldman Sachs no longer expects any more Bank of England cuts in 2025

Forex Short News
  • Goldman Sachs no longer expects BoE to deliver interest rate cuts in 2025 vs prior forecast of a cut in November
  • Goldman Sachs expects BoE to deliver the next interest rate cut in February, followed by quarterly cuts to a terminal Bank rate of 3% by the end of 2026

GBP up a few tics on this.

This article was written by Eamonn Sheridan at investinglive.com.