Goldman Sachs lowers BOE terminal rate forecast to 5.50%

<p>The firm now sees the BOE pausing in November as opposed to their previous view that the central bank would hike, noting that:</p><p>"Looking ahead to the November meeting, we see a greater chance that sequential wage and price pressures will have cooled sufficiently to allow the MPC to go on hold, given their preference for a flatter peak."</p>

This article was written by Justin Low at www.forexlive.com.