May 23, 10:30 AM

Goldman Sachs, Barclays, Traders Shift BoE Rate Cut to August Amid Lower Inflation Data

Several major brokerages, including Goldman Sachs, Barclays, and Morgan Stanley, have revised their predictions for a June rate cut by the Bank of England (BoE) to August. This change comes after lower-than-expected inflation data, leading to traders pricing out any chance of a rate cut in June.

#Goldman Sachs #Barclays #Morgan Stanley #Bank of England

Written with ChatGPT (GPT-3).