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BOE's Taylor: I think five rate cuts are needed in 2025

BOE's Taylor: I think five rate cuts are needed in 2025

Central Banks
Justin Low
02/07/2025 | 10:00 GMT
  • That suggests he's looking for three more rate cuts from hereon

As a reminder though, Taylor is one of the more dovish members in the BOE and dissented against the decision last month here by voting for a rate cut. So, his remark above should be taken in that context.

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