The end of the road − speech by Alan Taylor
Central bank: boe | Type: speech | Date: 2025-07-04

The end of the road − speech by Alan Taylor
Given at the London School of Economics and Political Science
Published on
04 July 2025
Alan Taylor discusses the historical fall in interest rates and explains that the main drivers of this trend have not changed. He shows an updated estimate of r* for the UK that suggests the current policy rate is still very restrictive.
The end of the road − speech by Alan Taylor
Professor Alan Taylor
External member of the Monetary Policy Committee
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