- We have to balance inflation and activity
- Put more weight on inflation persisting
- Rates on hold are appropriate for the current period
- There is drift in inflation expectations
- Above inflation threshold for a very long time
- Supply side of the economy continues to be in trouble
- Tariff landscape continues to shift
- The domestic component is the more important issue in the UK
- Tax and minimum wage rises are being passed through
- Financial market spillovers can dominate policy
She's the most hawkish BoE member. She delivered similar comments yesterday, so these are not new. She's not considering rate hikes but she's uncomfortable in cutting rates further until there's stronger evidence of inflation coming back to target.
