Goldman Sachs Revises UK Interest Rate Forecast

According to BlockBeats, Goldman Sachs has revised its forecast regarding the Bank of England's interest rate policy. The financial institution no longer anticipates a rate cut in 2025, which was previously expected in November. Instead, Goldman Sachs now predicts that the Bank of England will announce its next rate cut in February, followed by quarterly reductions. The terminal rate is projected to reach 3% by the end of 2026 source: https://www.binance.com/en/square/post/29881149599914?utm_source=BinanceNewsRSS