{"id":61149,"date":"2022-03-01T23:27:59","date_gmt":"2022-03-01T19:27:59","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=61149"},"modified":"2022-03-01T23:28:03","modified_gmt":"2022-03-01T19:28:03","slug":"boes-mann-uk-inflation-heading-to-7-25-in-april","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/boes-mann-uk-inflation-heading-to-7-25-in-april\/03\/01\/market-updates\/","title":{"rendered":"BoE&#8217;s Mann: UK inflation heading to 7.25% in April"},"content":{"rendered":"\n<p>The Bak of England&#8217;s Catherine Mann said that UK inflation is heading to 7.25% in April.<br><br>She voted for a 50 basis point rise in interest rates this month because she saw little sign of an easing in the public&#8217;s price expectations, which risk causing inflation to stay too high for too long.<br><br>Mann was one of four Monetary Policy Committee members to vote to raise interest rates to 0.75% from 0.25% this month, rather than the increase to 0.5% backed by the majority of the committee.<br><br>Mann indicated that companies and workers will both get 5% wage increases in 2022 and that 5% wage rise expectation show `embedded&#8217; inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bak of England&#8217;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&#8217;s price expectations, which risk causing inflation to stay too high for too long.Mann was one of &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6967,8990,6987,7580,7619],"class_list":["post-61149","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-boe","tag-catherine-mann","tag-inflation","tag-monetary-policy","tag-uk-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=61149"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61149\/revisions"}],"predecessor-version":[{"id":61154,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61149\/revisions\/61154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61153"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=61149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=61149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=61149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}