Alan Taylor: we have flipped the switch from the ‘great moderation’

Alan Taylor: we have flipped the switch from the ‘great moderation’

The professor and MPC member on making monetary policy in an age of uncertainty

BoE’s Taylor: Global headwinds justify lower monetary policy path - Action Forex

BoE MPC member Alan Taylor reinforced his dovish position in an interview with the Financial Times, highlighting growing downside risks to the UK economy from global developments. Taylor, who alongside Swati Dhingra voted for a larger 50bps rate cut in May, argued that monetary policy should be on a “lower policy path” given the accumulating […] The post BoE’s Taylor: Global headwinds justify lower monetary policy path appeared first on Action F…