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The Latest Breaking News from Catherine Mann

Bank of England policymaker calls for interest rates to stay on hold for longer

Catherine Mann, a member of the Bank’s Monetary Policy Committee (MPC), said keeping rates at the current level was ‘appropriate right now’.

Evening Standard

UK inflation rise makes it clear: the cost of living crisis has not gone away

Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomy

The Guardian - UK

UK interest rates more uncertain due to Trump policies, says Bank governor

Andrew Bailey tells MPs pattern of trade deals and lower tariffs ‘blown up’ with serious impacts for global economy

The Guardian - UK

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‘Greedflation’ fears rise as Bank official warns firms against price hikes

Bank of England’s Catherine Mann wary of ‘pricing power’, with companies looking to rebuild profit margins by hiking prices

The Guardian - UK

Next UK interest rate cut may not come until August after hawkish Bank of England hold – as it happened

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%

The Guardian - UK

Bank of England rate setter calls for caution amid rising inflation

Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be cautious with rate cuts.

The Independent UK

UK economy on course for 1.5% expansion, NIESR predicts

Thinktank cautions Trump tariffs could blow hole in forecast, with 63% of UK firms exporting to US expecting to be hit

The Guardian - UK

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Bank of England policymaker says job losses will ‘restrain’ inflation rise

Catherine Mann said more job cuts and a slowdown in hiring partly driven by higher company taxes will slow price rises across the economy.

Evening Standard

Bank of England’s Mann backed rate cut as she sees inflation ‘hump’ easing

Downturn in jobs market will mean workers will be unlikely to be able to bid up their wages, says policymaker

The Guardian - UK

Bank of England policymaker pledges to ‘move big’ when ready to cut rates

Catherine Mann, an economist and member of the Bank’s Monetary Policy Committee, has not yet opted to reduce rates.

Evening Standard

Global economy faces ‘anxious times’, warns IMF; Reeves says stability fiscal rule will mean higher taxes – as it happened

People don’t feel good about economic prospects, admits IMF chief Kristalina Georgieva

The Guardian - UK

Inflation expected to rise for first time this year in blow for Bank of England

City analysts think that figures released by the Office for National Statistics (ONS) on Wednesday will show that inflation has risen to 2.3 per cent

The Independent UK

Battle against UK inflation is far from over, says Bank of England policymaker

Catherine Mann says Britain should not be ‘seduced’ by price rises easing to the BoE’s target

The Guardian - UK

Oil price rises for fifth day running amid Middle East tensions; Russian rouble hits three-month low – as it happened

Brent crude hits $80 as tensions betwen Israel and Iran rise, while rouble slides after Ukraine’s incursion into Russia

The Guardian - UK

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International Business Times UK

Long-term Sickness, Depression Cause Over 1.5 Million British Women To Drop Out Of The Workforce

There has been a 48% increase in the number of women economically inactive due to ill health, compared to five years ago.

Evening Standard

Bank of England’s Mann says markets pricing in too many interest rate cuts this year

The Monetary Policy Committee’s biggest hawk warned that investors are still “too complacent” in betting on a rapid series of rate cuts later this year.

The Guardian - UK

Bank of England’s Mann: markets expect too many interest rate cuts this year

Senior policymaker says UK central bank is unlikely to move before US Federal Reserve

Evening Standard

Inflation to fall to 3.5% this week but Bank of England won’t cut interest rates, City markets suggest

City experts predict that rate of price rises will hit BOE’s target in one or two months’ time

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Top News

Boe's Mann: Inflation Pressures Still Far From 2% Target

Bank of England's Mann emphasizes caution in managing inflation pressures and supporting economic recovery.

The Guardian - UK

Recession verdict for UK economy will be no laughing matter for Hunt and Sunak

Figures on GDP, wages and inflation this week are set to offer Labour plenty of scope for criticising Tories’ economic competence

The Guardian - UK

Bank of England ‘could lower interest rates fairly soon’, as City expects only three cuts this year – as it happened

Rolling coverage of the latest economic and financial news, as hawkish BoE policymaker looks for signs that rates needn’t rise further

The Independent UK

October dates for benefits, pensions and cost of living payments

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

The Independent UK

October dates for benefits, pensions and cost of living payments

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

The Independent UK

October dates for benefits, pensions and cost of living payments

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

The Independent UK

October dates for benefits, pensions and cost of living payments

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

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