Bank of England's Pill 'cautious' about further rate cuts

Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she wanted a series of rate cuts or that she would vote the same way again in March.
Banks slash savings rates after Bank of England rate cut
Dozens of high street banks and building societies have moved swiftly to cut rates on savings products following the Bank of England’s decision to lower the base rate. Nearly 40 providers have reduced their rates,
Bank of England rate setter calls for caution amid rising inflation
Bank of England rate setter calls for caution amid rising inflation - Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be cautious with rate cuts.
Bank of England's Mann clarifies stance on interest rate cuts
Catherine Mann, a policymaker at the Bank of England (BoE), clarified her stance on interest rate cuts during a speech on Tuesday. Her recent vote for a half percentage-point cut in interest rates, which came as a surprise to investors,
Exclusive: Bank of England's Pill 'cautious' about further rate cuts
The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet complete, BoE Chief Economist Huw Pill told Reuters. A week after the central bank cut rates for only the third time since raising them to a 14-year high in 2023,
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Bank of England policymaker Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job ...
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Pound falls slightly against euro ahead of data releases
T he pound fell slightly against the euro ahead of upcoming economic data releases and a much-anticipated speech by Bank of ...
Bank of England policymaker says job losses will ‘restrain’ inflation rise
Bank of England policymaker says job losses will ‘restrain’ inflation rise - Catherine Mann said more job cuts and a slowdown ...
Bank of England's Mann: Bigger rate cut was needed to 'cut through the noise'
Bank of England policymaker Catherine Mann said on Tuesday she voted for a half-point interest rate cut last week to "cut ...
The Activist American Ruffling Feathers at the Bank of England
The best way to set monetary policy is “to be cautious,” according to a Bank of England working paper from 2002. It goes on ...