GBP/USD Outlook: Williams Challenges Fed Rate Cut Expectations

<div><img width="1024" height="746" src="https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-1024×746.png" class="type:primaryImage wp-post-image" alt="my GBP/USD forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-1024×746.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-300×219.png 300w, https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-150×109.png 150w, https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2.png 1171w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>Fed’s Williams challenged the market consensus for rate cuts. Britain’s services sector experienced increased growth this month. On Thursday, the Bank of England affirmed its stance on keeping interest rates high. The GBP/USD outlook takes a subtly bearish turn on Monday. The pair is retracing its steps from recent peaks due to comments by Federal…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/18/gbp-usd-outlook-williams-challenges-fed-rate-cut-expectations/">GBP/USD Outlook: Williams Challenges Fed Rate Cut Expectations</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>