BBoE MPC member Alan Taylor, one of the committee’s most dovish voices, warned that the U.K. economy faces a “preponderance of downside risks” as growth slows and labor market slack widens. In a speech today, he said output has fallen below potential, confidence among firms and households remains weak, and the trend of disinflation continues […]The post BoE’s Taylor sees mounting downside risks, says trade diversion aiding disinflation appeared first on Action Forex.