Bank of England policymaker Alan Taylor says interest rates should continue to fall as inflation target nears
Bank of England official Alan Taylor indicates that interest rates will likely keep falling as inflation reaches its target by mid-2026. This updated timeline suggests a faster normalization of policy.
Insights:
Bank of England policymaker Alan Taylor alan taylorstated on Wednesday that interest rates in the United Kingdom 
GBshould continue their downward trajectory as inflation is now expected to hit the central bank target significantly sooner than previously forecast. Speaking at the National University of Singapore 
SG, Taylor noted that the timeline for reaching the 2% inflation goal has accelerated to mid-2026, moving up from previous projections that suggested a 2027 arrival.
GBshould continue their downward trajectory as inflation is now expected to hit the central bank target significantly sooner than previously forecast. Speaking at the National University of Singapore SG, Taylor noted that the timeline for reaching the 2% inflation goal has accelerated to mid-2026, moving up from previous projections that suggested a 2027 arrival.
