BoE Preview: Bank will opt for further hikes in the first half of 2023 – Goldman Sachs BOE CentralBanks InterestRate Banks
“Wage growth, a key determinant of services inflation, is around 6%, double the level estimated to be consistent with the Bank's 2% inflation target.”
“Broad-based inflationary pressures however mean the Bank is unlikely to pause its hiking cycle too soon.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs Predicts Gold Will Outperform BitcoinMajor U.S. banking institution has called Bitcoin's value proposition into question
Read more »
Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term.GoldmanSachs says tight financial conditions are likely to be a drag on bitcoin user adoption, and this makes a repeat of the cryptocurrency's strong returns of the last decade less likely. By willcanny99.
Read more »
Goldman Sachs upgrades Pfizer, says pharma giant can outperform even as Covid demand diminishesAdvancements in base business are helping quell fears of what will happen in a Covid trough.
Read more »
Gold is better portfolio diversifier than bitcoin – Goldman SachsGoldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. gold bitcoin
Read more »
As clothing shoppers get pickier, Goldman Sachs likes these retailers’ odds for 2023Consumers will be more likely to seek out cheaper alternatives for jeans than for handbags in what is likely to be a ‘choppy’ year, Goldman analysts say.
Read more »