Catherine Mann

Bank of England policymaker Catherine Mann has said the central bank must raise interest rates in order to maintain its credibility, according to Bloomberg. Her comments add to debate over how far the UK's monetary authorities will go to bring inflation back to target, and traders and economists are weighing what they signal for the Bank's next rate decision.

Catherine Mann, an external member of the Bank of England's Monetary Policy Committee, has criticised the monetary policy response to the economic shock triggered by developments involving Iran. The remarks, picked up by outlets including Yahoo Finance, have drawn attention to disagreements within the Bank over how policymakers should react to the energy price implications of the Iran situation.

Catherine Mann, a member of the Bank of England's Monetary Policy Committee, has come out in favour of raising interest rates to bring UK inflation under control. Her intervention matters because the Bank is weighing whether to keep borrowing costs high as price pressures persist, and comments from committee members often signal the direction of future policy votes and shape market expectations.

Catherine Mann, a Bank of England rate-setter, has come out in favour of raising interest rates to bring UK inflation under control. Her comments land as policymakers weigh how long to keep borrowing costs tight amid stubborn price pressures, and markets watch the Bank's next move on rates.