Chancellor Reeves appoints Columbia professor Alan Taylor to Bank of England's MPC for a three-year term.

Chancellor Rachel Reeves has appointed Columbia University professor and former financial advisor Alan Taylor to the Bank of England's Monetary Policy Committee (MPC) for a three-year term. Taylor, who has experience in both academia and the financial sector, will replace outgoing member Jonathan Haskel. His appointment is significant as the MPC sets UK interest rates and maintains price stability.

August 16, 2024
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