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Economics

Goldman Expects Bank of England to Hike Rates Three Times Through May

New estimate is higher than money-market expectations
Goldman expects BOE to assert inflation-fighting credentials

By

Libby Cherry and

January 28, 2022, 4:14 PM UTCUpdated onJanuary 28, 2022, 5:01 PM UTC

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Goldman Sachs Group Inc. expects the Bank of England to raise interest rates three times this year, a move that would mark the quickest tightening in a quarter century.