Snoop Dogg Predicts Bank of England Interest Rates Rollercoaster, Fo' Shizzle!

Interest Rates Longer Than Snoop's Rap Verses

Goldman Sachs predicts Bank of England to keep interest rates high for longer before cutting them more swiftly than expected citing various inflation indicators.

Goldman's Rate Cut Rap

Goldman forecasts five consecutive interest rate cuts in 2025 aiming to lower rates from 5.25% to 4% eventually settling at 3%. The forecast exceeds market expectations.

Bailey's Beatboxing Indecision

Bank of England Governor Andrew Bailey hints at possible rate cuts this year but refuses to commit to a timeline leaving investors speculating and scratching their heads.

Wage Growth and Inflation Gettin' Hot

Strong labor market and wage growth delay potential rate cuts but signs of cooling inflation suggest changes coming in the second half of the year.

Recession Rumble in the Economy Jungle

With the UK sliding into a technical recession last year the Bank faces tough choices. BoE could delay cuts if certain indicators remain stubborn but may slash rates aggressively if a recession looms large.

Bailey's Mic Drop Moment

Bailey acknowledges economic challenges but highlights positive indicators causing bond yields to fall. Investors left wondering and waiting for the next verse in this interest rate saga.