
An official from the Bank of England says that it is not necessary to increase rates.
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Catherine Taylor is a member of the Bank of England.
She says that a new increase in interest rates is not necessary now.
Taylor thinks that inflation is falling in the United Kingdom.
Many people were worried because of high prices.
However, the Bank of England wants to help the economy to grow.
If interest rates are too high, people borrow less money.
The decision to change the rates will happen soon.
Most experts are waiting to see what will happen next.
Taylor believes that the current situation is stable for the moment.
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