Bank of England Rate-Setter Urges 'Extended Hold' on Interest Rates

Bank of England rate-setter Jonathan Taylor has advocated for an 'extended hold' on interest rates, suggesting that cuts could be considered if the Middle East conflict de-escalates and energy prices decline.

23 Jun, 14:56 — 23 Jun, 14:56

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The IndependentMostly Factual36d ago

Bank rate-setter Taylor urges ‘extended hold’ for interest rates

However, he added that the Bank should look at possible cuts if the conflict in the Middle East calms and energy prices sink.

By Henry Saker-Clark

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Bank of England Rate-Setter Urges 'Extended Hold' on Interest Rates

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Bank rate-setter Taylor urges ‘extended hold’ for interest rates

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