12:21:31 21-11-2023
BoE’s Mann: Prospects for more persistent inflation imply a need for tighter monetary policy
Bank of England (BoE) policymaker Catherine Mann is testifying on the November Monetary Policy Report (MPR) before the UK’s Parliament's Treasury Select Committee (TSC) on Tuesday.
Key quotes
The prospects for more persistent inflation imply a need for tighter monetary policy.
Monetary policy has only recently become restrictive and not by so much.