Goldman Sachs forecasts Bank of England interest rate hike to four per cent
UKPulse Money Desk
Goldman Sachs has predicted the Bank of England will raise interest rates to four per cent by the end of the year.
- Goldman Sachs forecasts the Bank of England will raise interest rates to four per cent by year-end.
- The prediction is based on concerns that inflation could rise more than expected.
Goldman Sachs has upgraded its interest rate expectations, predicting the Bank of England will raise rates to four per cent by the end of 2026. This forecast comes amid concerns that inflation could increase beyond previous expectations.
The Wall Street bank stated that an interest rate hike this year is now considered more likely.