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Thursday, February 23, 2023

Fundamental: Bank of England Mann warns interest rates need to keep rising to squash inflation

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Alert Alert Feb 24, 2023, 2:10am
 
Fundamental: Bank of England Mann warns interest rates need to keep rising to squash inflation
Interest rates in the UK will have to keep rising to prevent inflation sticking around for too long, a member of the Bank of England's monetary policy committee (MPC) warned today. Catherine Mann, who joined the rate setting group in September 2021 as an external member, said at an event hosted by the Resolution Foundation that she does not think the ...
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