Goldman Sachs is forecasting an initial rate cut from the Bank of England in June 2024 ...Middle East

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Goldman Sachs does not appear to be convinced by Bank of England Governor Bailey's attempt at continued hawkishness on Thursday:Justin had the news on the Bank of England maintaining its policy rate at 5.25%, which was as expected:No pivot. That's the main takeaway at first glance when viewing the BOE statementAnd also on Bank of England Governor Bailey speaking:We cannot say that interest rates have peakedI posted today that market pricing is for a May rate cut. Goldman Sachs are not the only ones unconvinced on Bailey's swagger. This article was written by Eamonn Sheridan at www.forexlive.com.

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Goldman Sachs is forecasting an initial rate cut from the Bank of England in June 2024 ...Middle East

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