Goldman Sachs Predicts the Bank of England to Cut Rates Continuously from November
Publication Time:2024-09-12 12:12:07
Leading global financial institution Goldman Sachs has recently issued a report indicating that it expects the Bank of England to initiate a series of rate cuts starting from November. This prediction represents a shift from previous expectations of quarterly rate cuts, reflecting changes in market perceptions of the UK's economic outlook. Goldman Sachs' analysis suggests that the increase in global economic uncertainty necessitates more flexible monetary policy measures by the Bank of England to address potential risks to economic downturn. The continuous rate cuts aim to lower borrowing costs, stimulate economic growth, and alleviate pressure on financial markets. This prediction reflects Goldman Sachs' deep analysis of the UK's macroeconomic situation and its forecast of future policy directions.
rate cut
Monetary Policy
Economic Forecast
Goldman Sachs
Bank of England