Alan Taylor reinforced his dovish stance in remarks at a Deutsche Bank event in London today, arguing that inflation risks are shifting away from stickiness and toward undershooting the 2% target. He suggested weakening demand and softening labor market now pose greater downside risks to price pressures than previously feared. While acknowledging that services CPI […]The post BoE’s Taylor signals 2–3 cuts may be needed to reach neutral appeared first on ActionForex.