Bank of England’s Mann Says Inflation Persistence Raises Case for Keeping Rates Higher for Longer
2026-07-02 14:04:39
A Bank of England Monetary Policy Committee member, Mann, said the trade-off between inflation risks and economic activity has made her more focused on the persistence of inflation. According to Jin10, she said this has led her to favor keeping interest rates unchanged for a longer period and that it may be necessary to take restraining measures against this risk.
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