December 13, 2024 at 08:35AM
The BOE is expected to pause on rate cuts next week but it will only be a matter of time before the economic situation in the UK starts to pressure them into moving at a quicker pace, similar to what we have seen from the ECB in recent months.
This article was written by Justin Low at www.forexlive.com.
Goldman Sachs cuts UK 2024 GDP growth forecast to 1.0% from 1.2% previously