BoE's Taylor: Soft touchdown state of affairs is receding

• Current view is a preponderance of downside risks
• Upside risks to inflation low compared to the downward trajectory in output and inflation fundamentals
• I see wage settlements close to or below 3% next year
• Wage inflation will not re-kindle an upward spiral

Taylor, coupled with Dhingra, is the most dovish BoE member.

This article was written by Giuseppe Dellamotta at investinglive.com.