Taylor: Market expectations for Bank of England interest rates tend to calm down

According to Taylor, the monetary policy commissioner of the Bank of England, investors' expectations for the Bank of England's policy changes have become more aligned with the possible path of interest rates. Previously, the market expected a maximum of four interest rate hikes this year, but recently it has been adjusted to one or two interest rate hikes. Taylor said that the market may have been a bit too hasty, perhaps the situation is calming down. The Chief Economist of the European Central Bank, Lian En, stated that in the highly uncertain economic outlook, decision-makers need to be open to making decisions to revise interest rates, and said that raising interest rates or staying put could be proven wrong.