Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher inflation deterred the MPC from agreeing a large cut.
Every Tuesday we get an expert to answer your Money Problems. Today we hear from a reader whose company is passing down the ...
At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...
Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just ...
Catherine Mann has said her decision to vote last week for a larger rate cut than most fellow members of the Bank of ...
In a speech delivered in Leeds, Mann explained that the persistence of "embedded inflationary behaviours" had diminished due ...
A member of the Bank of England's rate-setting committee has made a case for a steeper cut to interest rates on expectations that an inflation hump ahead will be temporary.
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
Catherine L. Mann on Thursday surprised investors by voting to lower the key interest rate by half of a percentage point, a larger move than that favored by the majority. Mann had on a number of ...
Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...
The Bank of England should continue to restrain economic activity to ensure that households and businesses don’t act in ways ...