February 11, 2025 09:43 GMT
BOE: Mann: Need to see evidence that she's right to vote to cut 50bp again
BOE
More from Mann on whether 50bp cut next time: "I need to see evidence. I need to see that I'm right with regard to wage settlements being moderate and pricing power being being you know that for that firms have less pricing power. I need to see evidence I am making a judgment based on labor market data, based on that really detailed data on the CPI elements, I'm making a judgment that I will see moderation in wage developments, that I will see moderation in pricing power, more broadly throughout the economy. We need to see evidence that I'm right on that,"
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