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BOE Taylor: We are a long way from neutral level of interest rates
Source: Buzz FX / 12 May 2025 10:00:27 America/Los_Angeles
BOE Taylor says:
- We are a long way from the neutral level of interest rates
- Neutral rate for me is 2.75 – 3% in the UK.
- Erosion of business confidence in the UK has continued in REC and PMI surveys..
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