Here’s why Goldman Sachs expects the Bank of England to cut rates in November By Investing.com
Update: 2025-10-29
Description
Goldman Sachs predicts a UK interest rate cut in November, as recent economic data shows a slowdown in inflation, pay growth, and economic growth. The upcoming Budget is expected to further tighten the economy, potentially leading to a close five to four vote at the Bank of England. If approved, rates could be cut to 3% by July 2026, marking a new phase for UK monetary policy.
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