Goldman Sachs Bank of England forecasts: 75bp hikes in November & December

The Bank raised rates on Thursday, ICYMI:

• BOE raises bank rate by 50 bps to 2.25%, as expected

Goldman Sachs say the path ahead is one of 'significant uncertainty'.

GS forecasts +75bp in November

• +75 in December
• +50 in February 2023
• +25 in March 2023

to a peak expected at4.5%

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Bank of England Governor Bailey