Bank of England policymaker Catherine Mann signals readiness to raise rates if inflation outlook darkens

Catherine Mann, a Bank of England policymaker, has indicated her readiness to support an interest rate hike if the inflation outlook worsens. She highlighted that public inflation expectations have reached record highs and cited geopolitical energy shocks as a threat to the 2% inflation target. Mann, who voted to keep rates at 3.75% in June, views upside inflation risks as more prominent than other Monetary Policy Committee members.