BOE's Mann: I am concerned about upward drift in inflation expectations

  • Comments from the MPC policymaker
BOE Mann:
  • I voted for 75 bps hike in Sept because of inflation expectations, sterling depreciation, energy cap impact and other factors

Mann is a hawk but the real test will be the November MPC. Currently the market is 81% priced in for a 125 bps hike.

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