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Goldman Sachs raises forecast for BOE rates to peak at 5%

Goldman Sachs raises forecast for BOE rates to peak at 5%
They lowered their forecast from 5% to 4.75% towards the end of last year but are now switching it back. A 25 bps rate hike for next month is almost a given now as inflation pressures continue to persist but will we see policymakers be able to keep tightening until 5%? The current market pricing is definitely suggestive of that potential, though less assured as it was last week: This article was written by Justin Low at www.forexlive.com... Read More
Posted: Apr 27 2023, 11:34
Author Name: forexlive
Views: 102278

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