BoE’s Mann: Next step in bank rate is that it is more likely to be another hike

Market news

6 February 2023

BoE’s Mann: Next step in bank rate is that it is more likely to be another hike

Bank of England (BoE) policymaker Catherine Mann said in a scheduled appearance on Monday that in my view the next step in the bank rate is that it is more likely to be another hike.

Further comments

“I see material upside risk to the inflation outlook.”

“I seek significant and sustained deceleration in the CPI.”

Market reaction

GBP/USD is holding the latest upside near 1.2060 on the above comments. The pair is up 0.08% on the day.

Currencies. Daily history for Monday, February 6, 2023

Commodities. Daily history for Friday, February 3, 2023

Market Focus

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