Bank of England committee member Taylor expects interest rates to continue declining

AIcoin2026/01/14 08:23

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Bank of England committee member Taylor stated that as the inflation rate declines, the interest rates set by the Bank of England should continue to decrease. Taylor expects inflation to reach the Bank's 2% target level by mid-2026, rather than the previously forecasted 2027. He believes that the slowdown in wage growth makes this situation sustainable and anticipates that monetary policy will return to a neutral level more quickly, with interest rates continuing to trend downward.

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