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✉news BusinessBanking first seen 2 d ago, last 12 h ago, peak #34

Bank of England's Mann Backs Rate Rise to Curb Inflation

Original: BOE’s Mann Backs Rate Rise to Tame Inflation

Catherine Mann, a member of the Bank of England's Monetary Policy Committee, has voiced support for raising interest rates to bring inflation under control. Her comments come as the Bank weighs how far to tighten policy, and they add to debate among policymakers over the pace and scale of future rate increases.

Why now: Markets and the public are watching Bank of England officials' signals ahead of upcoming rate decisions as inflation remains a concern.

Catherine MannBank of England

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