Economic TimesLean R·
Global Market: BoE's Taylor says energy prices alone do not justify rate hike
Bank of England policymaker Alan Taylor said further rate increases remain unlikely unless higher energy prices generate persistent, broad-based inflation. He noted limited second-round effects, moderate wage growth and subdued food-price pressures. With rates held at 3.75%, policymakers remain divided as they monitor wages, services inflation, energy costs and economic weakness.
Read at Economic Times →
