Odaily Planet Daily News Goldman Sachs research pointed out that the British Banco Central is expected to further lower interest rates faster. Inflation/wage data and recent communications from the British Banco Central indicate that the market generally believes that there will be a 25 basis points rate cut in November. If inflation continues to decline, the obstacles to accelerating the pace of interest rate cuts are low. Our economists still expect the British Banco Central to continue cutting interest rates to 3% by September 2025, faster than market pricing. (Jinshi)
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Goldman Sachs predicts that the Banco Central in the UK will further cut interest rates faster
Odaily Planet Daily News Goldman Sachs research pointed out that the British Banco Central is expected to further lower interest rates faster. Inflation/wage data and recent communications from the British Banco Central indicate that the market generally believes that there will be a 25 basis points rate cut in November. If inflation continues to decline, the obstacles to accelerating the pace of interest rate cuts are low. Our economists still expect the British Banco Central to continue cutting interest rates to 3% by September 2025, faster than market pricing. (Jinshi)