Markets are gearing up for U.S. inflation data on Wednesday and British gross domestic product (GDP) figures due on Thursday ...
Catherine Mann said more job cuts and a slowdown in hiring partly driven by higher company taxes will slow price rises across ...
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 ...
Catherine Mann told an audience in Leeds that she backed a bumper rate cut last week because she expects the pick-up in the ...
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 ...
Despite that vote, Mann said she favors a key rate that is "well above" the 2% to 3% range that neither spurs nor slows growth, as estimated by BOE economists in 2018. That is commonly known as the ...
The U.S. dollar struggled for direction on Tuesday as markets became increasingly numb to U.S. tariff threats while awaiting testimony from Federal Reserve ...
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 ...
Housebuilders shares fell on Tuesday morning after FTSE 250 Bellway flagged mortgage affordability concerns heading into the ...
Latest Regional Growth Tracker survey data from NatWest signalled a renewed decline in business activity at the start of 2025 ...
The Pound Sterling (GBP) weakens against its major peers in European trading hours on Tuesday after a dovish commentary from ...
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