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BOE: Mann due to speak this morning: Text due at 9:00BST

BOE
  • External MPC member Catherine Mann is due to give the keynote speech this morning at a conference entitled ‘Macroeconomic adjustments after large global shocks’.
  • She is considered the most hawkish MPC member (particularly now that Haskel has left the committee) and although her note is not needed for further cuts from here, any change of tone will be notable (although with 109bp of cuts already priced over the next five MPC meetings a dovish tilt may not have huge market implications).
  • Since the August cut she was interviewed by the FT and swhe said that she had moved to a seven from 10 on a hawkishess scale but that wage growth was still a concern.
  • The text of Mann's speech will be published here at 9:00BST.
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  • External MPC member Catherine Mann is due to give the keynote speech this morning at a conference entitled ‘Macroeconomic adjustments after large global shocks’.
  • She is considered the most hawkish MPC member (particularly now that Haskel has left the committee) and although her note is not needed for further cuts from here, any change of tone will be notable (although with 109bp of cuts already priced over the next five MPC meetings a dovish tilt may not have huge market implications).
  • Since the August cut she was interviewed by the FT and swhe said that she had moved to a seven from 10 on a hawkishess scale but that wage growth was still a concern.
  • The text of Mann's speech will be published here at 9:00BST.