Stronger economic growth adds to conundrum for Bank of England
The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...
Mortgage Finance Gazette3d
MPC Mann: Half-point vote needed to ‘cut through’ turbulent markets
Bank of England rate-setter Catherine Mann said she voted for a half-point cut in Bank rate to “cut through the noise” of tariff threats and rising ...
Pound Sterling gains despite BoE Mann seems worried about UK demand outlook
The Pound Sterling trades higher against the US Dollar (USD) around 1.2390 in Tuesday’s North American session. The GBP/USD pair rises as the US Dollar ticks lower ahead of Federal Reserve (Fed) Chair ...
Bank of England rate setter says inflation risk is falling after calling for jumbo rate cut
Mann's first vote for a cut during this cycle marked a departure from her comments in August, when she warned Britain not to ...
Bank of England rate-setter sees no repeat of extended inflation spike ahead
Catherine Mann told an audience in Leeds that she backed a bumper rate cut last week because she expects the pick-up in the ...
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
EconoTimes3d
BoE’s Catherine Mann Warns Companies Face Pricing Challenges Amid Weak Consumer Spending
Bank of England policymaker Catherine Mann warned that companies will struggle to raise prices this year as job losses rise ...
BOE’s Hawk-Turned-Dove Says Weak Demand Will Stunt Inflation
The Bank of England rate-setter who swung from its most hawkish to its most dovish position last week said she changed her ...
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...
Buy7d
LONDON BRIEFING: L&G plans investor return as sells US protection arm
(Alliance News) - London's FTSE 100 is called to open lower on Friday, as investors digest a Bank of England rate cut and look ahead to a US jobs report. According to FXStreet cited consensus, the ...
devdiscourse8d
Bank of England's Cautious Rate Cut Amid Economic Uncertainty
The Bank of England reduced interest rates by a quarter-point, aiming to counteract economic slowdown while managing inflation concerns. Despite expectations, internal debate among policymakers hinted ...