Goldman Sachs: No Longer Expects Bank of England to Cut Rates in 2025, Previously Forecasted Rate Cut in November

BlockBeats News, September 19th: Goldman Sachs stated that it no longer expects the Bank of England to cut interest rates in 2025, a shift from its earlier prediction of a rate cut in November. It is anticipated that the Bank of England will announce the next rate cut in February, followed by quarterly cuts, and reach a terminal rate of 3% by the end of 2026. (FXStreet)