BOE’s Taylor: An extended hold at this level is appropriate policy

最近のFX関連情報Central Banks

Bank of England external policy member Alan Taylor is out with a strong call for holding rates unchanged. The market is pricing in a 25 basis point hike to 4.00% at year end.

  • An extended hold at this level, to me, very much the correct and appropriately measured policy response we need
  • Bank rate is 75 bps above my neutral level
  • We enter this shock with a “very weak economy"

Those are some clear comments but aren’t weighing on the pound, which is down 36 pips to 1.3211 in a reversal of yesterday’s outperformance.

This article was written by Adam Button at investinglive.com.

最近のFX関連情報Central Banks

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