According to Jinshi Data, Goldman Sachs research report pointed out that the Bank of England is expected to cut interest rates further and faster. Both inflation/wage data and recent communications from the Bank of England indicate that the market generally believes that a 25 basis point rate cut will be made in November. If inflation continues to fall, the barriers to faster rate cuts are low. Goldman Sachs economists expect the Bank of England to cut interest rates continuously to 3% by September 2025, faster than market pricing.