Taylor Says Keep Interest Rates Steady for a Bit Longer

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Taylor Says Keep Interest Rates Steady for a Bit Longer

Alan Taylor from the Bank of England said, "Let’s keep interest rates steady for now!" He thinks we should wait for the economy to show its cards. Rates are at 3.75%, but some dream of a jump to 4%. At a recent meeting, Taylor stressed the need to tread carefully with money matters in these uncertain times.