Goldman Sachs forecasts the BoE to deliver 25 BPS rate cuts each in April, July and November 2026 (prev. in March, June and September 2026)

Goldman Sachs forecasts the BoE to deliver 25 BPS rate cuts each in April, July and November 2026 (prev. in March, June and September 2026)

Goldman Sachs has adjusted its forecast for the Bank of England, now anticipating three consecutive rate cuts of 25 basis points each in 2026, pushed back to April, July, and November from earlier expectations in March, June, and September. This shift suggests a more tempered view on the UK economy's recovery, which could lead to a rates environment that supports a weaker GBP and influences fixed income markets as participants reassess the timing of easing.