Goldman Sachs expects the BoE to cut by 25bps in April, July and November 2026 (prev. forecast March, June and September 2026)

Goldman Sachs expects the BoE to cut by 25bps in April, July and November 2026 (prev. forecast March, June and September 2026)

Goldman Sachs' revised projections for the BoE indicate a shift towards cutting rates later than previously expected, now forecasting 25bps cuts in April, July, and November 2026 instead of March, June, and September. This suggest a more dovish outlook on monetary policy, potentially reflecting a less aggressive stance on rate cuts which may affect GBP and fixed income markets as traders recalibrate their expectations based on this new timeline.