Bank of England's Taylor says more clarity needed for any change on rates - Reuters

- Bank of England interest rate-setter Alan Taylor said on Thursday the central bank should stay on hold regarding any changes to borrowing costs as it awaits more clarity about the pass-through of higher energy costs from the Iran war into the broader economy.

Taylor, who has been one of the BoE's policymakers most supportive of rate cuts in recent months, said he agreed with BoE Governor Andrew Bailey's recent comments that investors got ahead of themselves by pricing in rate hikes.


(Writing by William Schomberg; Editing by Paul Simao)