Bank of England's Catherine Mann Predicts Inflation Surpassing 2% Amid Cautionary Remarks
Thursday, 11 July 2024, 03:05
Bank of England's Catherine Mann Predicts Inflation Surge Exceeding 2%
Bank of England's Monetary Policy Committee (MPC) member Catherine Mann, known for her hawkish stance, expressed caution in a speech overnight. Although headline inflation has fallen to 2%, Mann described this as a "touch and go," predicting that "we're going to be above 2% for the rest of the year."
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