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BoE's Taylor Sees Weak Case for Rate Hikes
x/bank-of-england
— Sep 29, 2026
Bank of England policymaker Alan Taylor said further interest rate increases are not justified unless high energy prices persist and begin driving broader inflation, pointing to limited second-round effects and signs of cooling in wages and the labor market. His cautious stance contrasts with colleagues’ warnings that inflation could become entrenched and that rates may need to rise.
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