Bank of England needs to ‘cut through the noise’, rate-setter says
In a speech delivered in Leeds, Mann explained that the persistence of "embedded inflationary behaviours" had diminished due ...
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Barclays warning for customers as interest rates drop
Barclays has announced it will be dropping savings rates on two popular accounts. The Everyday Saver will drop from 1.50% to just 1.25% on balances up to £10,000, while the Rainy Day Saver will fall ...
Bank of England rate-setter sees no repeat of extended inflation spike ahead
Catherine Mann tells an audience in Leeds that she backed a bumper rate cut last week because she expects the pick up in the pace of price rises to be temporary but says rates must stay higher for ...
BOE Key Rate Should Remain 'Well Above' Neutral, Mann Says — Update
Catherine L. Mann on Thursday surprised investors by voting to lower the key interest rate by half of a percentage point, a larger move than that favored by the majority. Mann had on a number of ...
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Dollar little changed before Fed testimony, U.S. data
The U.S. dollar struggled for direction on Tuesday as markets became increasingly numb to U.S. tariff threats while awaiting testimony from Federal Reserve ...
Bank of England's Mann: Bigger Rate Cut Was Needed to 'Cut Through the Noise'
Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...
Housebuilder shares sink as Bellway flags mortgage affordability concerns
Housebuilders shares fell on Tuesday morning after FTSE 250 Bellway flagged mortgage affordability concerns heading into the ...
BOE Key Rate Should Remain ‘Well Above’ Neutral, Mann Says
The Bank of England should continue to restrain economic activity to ensure that households and businesses don’t act in ways ...
Pound Sterling faces pressure as BoE Mann guides dovish monetary policy outlook
The Pound Sterling (GBP) weakens against its major peers in European trading hours on Tuesday after a dovish commentary from ...
Bellway: Housebuilder in recovery as share price ‘at odds’ with performance
Bellway reported an 11.9 per cent uptick in housing completions in the six months ended 31 January, with more than 4,500 ...
Bank account change for thousands of Barclays customers coming in DAYS and you could be worse off
A MAJOR account change at Barclays will leave thousands of customers worse off in days. The bank, which caters to over ...
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 ...