Goldman Sachs' take on the BOE

Adding that they see the central bank hiking rates to 1% by Q4 2023, which makes the whole ordeal more of a gradual tightening.

I'd argue that this is a "safe" scenario considering the circumstances, as the BOE is slowly being pushed into a corner after the latest inflation data this week. But if things continue to heat up and the economy holds up, there's every chance of a move in March next year.