BoE’s Mann: Next step in bank rate is that it is more likely to be another hike
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Bank of England (BoE) policymaker Catherine Mann said in a scheduled appearance on Monday that in my view the next step in the bank rate is that it is more likely to be another hike.
“I see material upside risk to the inflation outlook.”
“I seek significant and sustained deceleration in the CPI.”
GBP/USD is holding the latest upside near 1.2060 on the above comments. The pair is up 0.08% on the day.
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