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Goldman Sachs forecast that the BoE will raise rates by another 50 basis points in August

Goldman Sachs forecast that the BoE will raise rates by another 50 basis points in August
Goldman Sachs forecast for the next Bank of England meeting, due on August We predict that the BoE will raise rates by another 50 basis points in August, based on supportive data. This is expected to provide additional support to the GBP. Contrasting with the situation last autumn, both inflation and economic activity data are now indicating an upward trend. This means that the BoE faces less of a dilemma in balancing between rate hikes and supporting economic activity. We are skeptical regard... Read More
Posted: Jun 29 2023, 02:25
Author Name: forexlive
Views: 081091

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