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