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Goldman Sachs foresees BOE rate hikes bolstering sterling strength

Goldman Sachs foresees BOE rate hikes bolstering sterling strength
Goldman Sachs expresses confidence in the continuation of Bank of England's rate hikes and believes it will further bolster the British Pound.Key Points:Anticipated BoE Rate Increases: Goldman Sachs' economists predict that the Bank of England (BoE) will raise rates by another 50 basis points in August, based on supportive data. This is expected to provide additional support to the British Pound (GBP).Aligned Inflation and Activity Data: Contrasting with the situation last autumn, both inflation... Read More
Posted: Jun 27 2023, 19:44
Author Name: forexlive
Views: 081093

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