• BoE’s Mann: Better to remain restrictive for longer

Notícias do Mercado

20 setembro 2024

BoE’s Mann: Better to remain restrictive for longer

Bank of England (BoE) policymaker Catherine Mann said on Friday that “it is better to remain restrictive for longer.”

Additional quotes

We can cut more aggressively later once inflation risk is contained.

There appears to be more upside risks to inflation in the UK..

UK has seen more of an impact on services prices.

Contemplated to vote to cut rates in August but wanted to avoid "boogie-dance" on rates.

Market reaction

Despite the hawkish remarks from the BoE official, GBP/USD struggles at around 1.3300, up 0.12% on the day.

O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir Conta Demo e Página Pessoal
Compreendo e aceito a Política de Privacidade e concordo que os meus dados sejam processados pela TeleTrade e usados para os seguintes efeitos: