Goldman Sachs raised United Kingdom’s 2025 and 2026 economic growth forecasts on Friday by 0.1 percentage point respectively, citing a modest boost to demand growth in the near-term.
“Firmer demand is likely to result in marginally higher wage growth and inflation, but the magnitudes involved suggest that the implications for the BoE are likely to be limited,” Goldman Sachs strategists led by Sven Jari Stehn said in a note.
Source: Zawya
