BOE likely to keep bank rate unchanged tomorrow – Goldman Sachs
<p>The call comes after the softer inflation data <a href="https://www.forexlive.com/news/uk-august-cpi-67-vs-70-yy-expected-20230920/" target="_blank" rel="follow">here</a> earlier today. At the time of writing, the odds of a rate hike have now fallen to ~41% as opposed to ~80% before we got the CPI report. At best, it now looks like the BOE is set for a one and done case scenario in terms of hiking.</p>
This article was written by Justin Low at www.forexlive.com.
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