Citi Joins Goldman in Forecasting Bank of England Rate Hikes Later This Year

Two major banks converging on the same call matters less as a forecast than as a signal that the inflation-versus-growth debate inside the BoE is being read as tilting toward tightening. For crypto and RWA markets, the transmission is indirect but real: higher UK rate expectations feed the broader repricing of duration and risk appetite, even without any direct crypto catalyst. The open question is whether other forecasters follow Citi and Goldman, or whether incoming inflation data pushes the consensus back toward cuts.