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Rates Should Be Cut Three More Times in 2025, Says Bank Policymaker

Summary by The Independent
Monetary Policy Committee member Alan Taylor flagged a ‘deteriorating outlook’ in the UK economy as trade woes mount.

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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…

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BizToc broke the news in on Wednesday, July 2, 2025.
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