BoE Rate Setter Alan Taylor ‘Pretty Concerned’ by…

From Morningstar: 2025-05-30 04:55:00

A rate setter at the Bank of England is concerned about the economic outlook and calls for further interest rate cuts. Inflation rose to 3.5% in April, the highest since January 2024. The IMF predicts trade tensions from tariffs will reduce UK economic growth. Positive growth earlier this year may slow due to potential tariffs.



Read more at Morningstar: BoE Rate Setter Alan Taylor ‘Pretty Concerned’ by…