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G Sachs, JPM, C Suisse Predict BoE to Hike Rate by Nov Earliest
As the Bank of England Governor Andrew Bailey hinted that the bank will take measures to tackle the inflation pressure, Goldman Sachs, JPMorgan and Credit Suisse predicted that the...
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G Sachs, JPM, C Suisse Predict BoE to Hike Rate by Nov Earliest
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2021/10/19 08:44
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As the Bank of England Governor Andrew Bailey hinted that the bank will take measures to tackle the inflation pressure, Goldman Sachs, JPMorgan and Credit Suisse predicted that the U.K. may see an interest rate hike by November at the earliest and further tighten the monetary policy next year.

JPMorgan predicted the Bank of England will lift the interest rate to 0.25% in November and that the interest rate will reach 0.75% by August 2022; while Goldman Sachs even forecast the interest rate will be raised to 0.75% as early as May 2022.
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