#Latest news with #financialConditionsBloomberg14-05-2025BusinessBloombergBOE's Mann Says Market Moves Stopped Her Backing More Rate CutsBank of England rate-setter Catherine Mann said she flipped her vote from a bumper interest-rate cut to a pause because sharp moves on markets had lowered borrowing costs and provided enough easing of financial conditions. Explaining the fluctuations in her position at recent BOE meetings, she pointed to changes in market pricing, 'resilient' jobs data and rising goods inflation.
Bloomberg14-05-2025BusinessBloombergBOE's Mann Says Market Moves Stopped Her Backing More Rate CutsBank of England rate-setter Catherine Mann said she flipped her vote from a bumper interest-rate cut to a pause because sharp moves on markets had lowered borrowing costs and provided enough easing of financial conditions. Explaining the fluctuations in her position at recent BOE meetings, she pointed to changes in market pricing, 'resilient' jobs data and rising goods inflation.
14-05-2025
