UK interest rates could fall to 2.25 per cent by late 2025, says BoE official
Bank of England policymaker Alan Taylor said on Wednesday that a soft landing for Britain’s economy is now at risk and that economic data had recently argued for five interest rate cuts in 2025 rather than four.
“Previously, I had seen a UK soft landing in the cards, with some remaining upside risks to inflation from the bump in 2025,” Taylor said in a speech at a European Central Bank summit in Sintra,
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