BOE’s Taylor says course corrected after voting for rate hold
BOE’s Taylor said he course-corrected despite voting for a rate hold, against market expectations of more than one cut this year.
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US Market: Rotation Away
US market experiences rotation away from tech as weakness in mega-cap tech widens, with semiconductors declining 7% and NASDAQ opening down 3%.
BOE's Taylor: Rate Hold Correct
BOE's Taylor says an extended hold at current rate level is the correct policy response