Rates Should Be Cut Three More Times in 2025, Says Bank Policymaker
11 Articles
11 Articles
Interest Rates Set to Slide? Bank of England Hints at Bold Cuts
Bank of England (BoE) policymaker Alan Taylor has warned that the UK’s hoped‑for "soft landing" could be in jeopardy. Speaking at the ECB summit in Portugal, he highlighted growing evidence of weaker demand and increasing trade disruptions. According to Taylor, this raises the case for five interest‑rate cuts in 2025, rather than the four markets had anticipated, potentially taking Bank Rate down to around 2.25% by late 2026 in a downside scenar…
MADRID, 2 (EUROPA PRESS) Alan Taylor, one of the nine members of the Monetary Policy Committee of the Bank of England, has acknowledged that he sees the "soft landing" in the United Kingdom economy threatened, so he considers that the Old Lady of Threadneedle Street should undertake three interest rate drops in [...] The Taylor (Bank of England) entry sees the soft landing of the United Kingdom and bets for 3 drops of rates appear first in Forbe…
BoE’s Taylor backs steeper rate cuts as outlook deteriorates - Action Forex
BoE MPC member Alan Taylor warned today that the UK economy faces mounting risks to a soft landing, citing growing demand weakness and trade disruptions. In a speech, Taylor said his earlier forecast for a gradual disinflation and stable growth path is now at risk of being derailed in 2026. “My reading of the deteriorating […] The post BoE’s Taylor backs steeper rate cuts as outlook deteriorates appeared first on Action Forex.
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