Interest-Rate Gradualism ‘No Longer Valid,’ BOE’s Mann Says
Gradual interest-rate moves no longer send clear signals to volatile financial markets and larger shifts are now needed to ...
Rate-setter calls on Bank of England to adopt ‘activist’ approach to rates
The Bank of England should adopt a more activist approach to setting interest rates in order to deal with the “substantial ...
UK inflation hump unlikely to lead to long-term price pressures, BoE's Mann says
Bank of England policymaker Catherine Mann said on Thursday a pick up in inflation was unlikely to lead to longer term price ...
Slash interest rates to save the economy, says Bank policymaker
The Bank of England must slash interest rates to shore up the struggling economy, a top policymaker has warned, rejecting ...
FTSE 100 Live: UK Stocks Slide Again After Worst Week of the Year
Among the stocks falling are Spire Healthcare, the private hospitals firm, down 16% on a disappointing outlook. Insurer ...
Bank of England’s Mann: Markets are pricing in ‘too many’ interest rate cuts this year
In an interview with Bloomberg TV, Catherine Mann said markets were too optimistic. “They’re pricing in too many cuts — that ...
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Gradual rate cuts are falling out fashion
Bank of England’s Catherine Mann and RBNZ’s Paul Conway say raising and cutting interest rates quickly was the right thing to ...
FTSE 100 Live: European Bond Rout Deepens as Stocks Fall
Global Bond Selloff Hits UK, Pound at $1.29 ...
GBP/USD maintains position near 1.2900 as concerns over US economic growth persist
Weaker-than-expected US job data for February has strengthened expectations of multiple Federal Reserve (Fed) rate cuts this year. LSEG data shows that traders now anticipate a total of 75 basis ...
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Interest-Rate Gradualism ‘No Longer Valid,’ BOE’s Mann Says
Bank of England policymaker Catherine Mann said. In a speech delivered at the Reserve Bank of New Zealand on Friday morning, Mann explained why she voted for a super-size half-point cut in rates ...