BoE Mann: Important to dampen very robust inflation expectations

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BoE Mann: Important to dampen very robust inflation expectations

BoE MPC member Catherine Mann said, “to me, the data was still showing very robust (inflation) expectations and I thought it was important to dampen those expectations using a 50 basis point increase.” “There was very little in the data that showed any diminution of expected wage increases, expected price increases or for that matter […]

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