BoE’s Taylor: I thought we needed to be on a lower monetary policy path

Bank of England (BoE) policymaker Alan Taylor told the Financial Times (FT) on Friday, “I thought we needed to be on a lower [monetary] policy path.”

Additional quotes

I’m seeing more risk piling up on the downside scenario because of global developments.

A trade war is going to be negative for growth.

Higher inflation isn't coming from demand & supply pressures; for most part, coming out of one-time tax & administered price changes.