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Catherine Mann, Bank of England policymaker, plans to cut UK interest rates drastically once inflation is under control.
Catherine Mann, a Bank of England policymaker, plans to drastically cut interest rates once UK inflation is under control.
Despite the MPC lowering rates twice this year to 4.75%, Mann has been cautious, concerned about entrenched inflation risks.
She aims to act decisively when inflation moderates, contrasting with Governor Andrew Bailey's preference for a more gradual approach to rate cuts.
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Catherine Mann, responsable de políticas del Banco de Inglaterra, planea reducir drásticamente los tipos de interés del Reino Unido una vez que la inflación esté bajo control.