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MNI BRIEF: Mann Re-appointed To BOE MPC, Term To End Aug 2027

(MNI) London
(MNI) London

Catherine Mann, who has been one of the most hawiksh members of the MPC, has been re-appointed to a second term.

Policy NewsHomepageExclusiveCEEMEAPolicyBriefUKStoryRegionBank Of England (BOE) Market News
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Catherine Mann, a high profile hawk on the Bank of England Monetary Policy Committee, has been re-appointed to a second term three-year term which will end in August 2027.

Mann joined the MPC in September 2021 and Independent members typically serve for the maximum two-three year terms. She has built a reputation for making the hawkish policy case, based on concerns over high inflation feeding through to elevated inflation expectations and higher wage and price setting. She has voted for a 5.5% policy rate since August 2023 while the majority on the commmittee has stuck with a 5.25% peak.

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Catherine Mann, a high profile hawk on the Bank of England Monetary Policy Committee, has been re-appointed to a second term three-year term which will end in August 2027.

Mann joined the MPC in September 2021 and Independent members typically serve for the maximum two-three year terms. She has built a reputation for making the hawkish policy case, based on concerns over high inflation feeding through to elevated inflation expectations and higher wage and price setting. She has voted for a 5.5% policy rate since August 2023 while the majority on the commmittee has stuck with a 5.25% peak.

Keep reading...Show less