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Bank of England Urged to Cut Interest Rates as Recession Looms /
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2024-05-22 18:03:46

Bank of England Urged to Cut Interest Rates as Recession Looms on Nostr: Bank of England to Cut Interest Rates in August, Says Goldman Sachs =============== ...

Bank of England to Cut Interest Rates in August, Says Goldman Sachs
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#79a8b667 ver:0.17

Bank of England expected to cut interest rates in August as UK economy recovers from pandemic. Governor Bailey emphasizes unique nature of this rate cutting cycle. Lower inflation and rising wages support rate cut. Goldman Sachs and BNP Paribas predict August rate cut. Bank urged to chart own course, not follow US. Chief economist warns against being seduced by declining inflation measures. #BankofEngland #interestrates #UKeconomy #inflation...

#newstr #BankOfEngland #InterestRates #GoldmanSachs #BnpParibas

https://here.news/story/79a8b667?ver=0.17
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