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Alan Taylor from the Bank of England thinks high inflation is temporary and shouldn't stop cutting interest rates.
The Bank of England thinks prices will go up for a bit, then down. Taylor is worried that world problems like trade wars might slow the economy.
The UK economy grew fast early this year. This might be due to quick company actions before US taxes. Taylor is worried about future global issues.
Taylor thinks trade wars make growth hard. New trade deals are good, but the UK isn't the same. Big changes in trade rules are a worry.
Alan Taylor from the Bank of England thinks high inflation is temporary and shouldn't stop cutting interest rates.
The Bank of England thinks prices will go up for a bit, then down. Taylor is worried that world problems like trade wars might slow the economy.
The UK economy grew fast early this year. This might be due to quick company actions before US taxes. Taylor is worried about future global issues.
Taylor thinks trade wars make growth hard. New trade deals are good, but the UK isn't the same. Big changes in trade rules are a worry.