Bank of England rate cuts likely later but larger, Goldman Sachs says
February 20, 2024 at 08:24 AM EST
The Wall Street bank now sees five consecutive 25 basis point interest rate cuts this year, with the first in June rather than May.
Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.