Goldman Sachs now sees 50 bps Bank of England hike in August

<p>The calls continue to roll in with bank after bank seeing higher rates. Goldman Sachs is now leading the calls for 50 bps in August, something the market is pegging at about a 32% chance. Next month's CPI report will be a critical input but the tougher forecast for the BOE will be energy prices in the coming winter.</p>

This article was written by Adam Button at www.forexlive.com.