Bank of England policymaker Catherine Mann said on Monday that her views on the BOE’s rate outlook were not about defending the British pound.“There is an important difference of view on the Monetary Policy Committee (MPC) on the resilience of UK consumption,” Mann added. “Since the May MPC meeting, I …
Read More »BoE’s Mann: UK inflation heading to 7.25% in April
The Bak of England’s Catherine Mann said that UK inflation is heading to 7.25% in April.She voted for a 50 basis point rise in interest rates this month because she saw little sign of an easing in the public’s price expectations, which risk causing inflation to stay too high for …
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