Published by Global Banking & Finance Review®
Posted on September 3, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleBoE's Alan Taylor reports the UK economy is nearing a soft landing, but stresses the need for careful monetary policy due to current fragility.
LONDON (Reuters) -Bank of England policymaker Alan Taylor said on Wednesday the British economy was getting closer to a "soft landing", but that monetary policy would need to be carefully assessed in the coming months as it was at a "fragile" moment.
"Despite being buffeted by new shocks, we are getting closer to that soft landing (for the UK economy) now, but we are also in a fragile moment, and monetary policy will need to be carefully calibrated in the coming months to keep us on track," Taylor said in his annual report to parliament's Treasury Select Committee.
(Reporting by Muvija M and Paul Sandle)
Alan Taylor mentioned that the British economy is getting closer to a 'soft landing' despite facing new shocks.
Taylor emphasized that monetary policy needs to be carefully assessed and calibrated due to the fragile moment the economy is in.
A 'soft landing' refers to a scenario where the economy slows down without entering a recession, allowing for stability and gradual recovery.
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