Goldman Sachs forecasts a 25 basis-point interest rate cut by the Bank of England in December, citing signs of economic softening and peaking inflation in the UK. Analysts suggest this move aims to bolster economic stability by encouraging borrowing and spending, though it may pose inflation risks if not carefully managed. This anticipated decision reflects a broader trend among global central banks as they navigate the delicate balance between controlling inflation and fostering growth amid ongoing economic uncertainty.
Goldman Sachs Anticipates BoE Rate Cut in December
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