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Catherine Mann
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- 1Bank of England's Mann criticises policy response to Iran shock▼BoE's Mann criticises monetary policy response to Iran shock
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.
- 2BoE's Mann Says Rates Must Rise to Protect Credibility▼Bank of England Must Raise Rates to Maintain Credibility, Mann Says
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.