Goldman Sachs delays BoE rate-cut outlook again on energy-driven inflation risks
Published on March 12, 2026.
Goldman Sachs has delayed its Bank of England rate-cut outlook due to inflation risks from higher energy prices. The firm now expects three 25-basis-point cuts in July and November this year, and another in February 2027. While a potential rate cut is possible, the firm believes it will take longer for clearer data. The move reflects the inflationary impact of rising energy prices across Europe.
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