✉news BusinessBanking first seen 15 h ago, last 14 h ago, peak #34
Bank of England's Mann Backs Rate Rise to Tame Inflation
Original: BOE’s Mann Backs Rate Rise to Tame Inflation
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.
Why now: Her hawkish stance signals the Bank of England may keep or raise rates, moving markets and shaping expectations for UK monetary policy.
Evidence
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