BoE's Mann: Need to do more if inflation keeps rising – by fx_ross BOE CentralBanks GBPUSD
Bank of England's Catherine Mann said there still is a lot of momentum in drivers of inflation and they will need to do more if inflation keeps rising.by 75 bps in what was the biggest incremental hike since 1989.''The trigger for the poor reaction for GBP was the guidance from the Bank that while 'further increases in Bank Rate may be required for a sustainable return of inflation to target,'' analysts at Rabobank explained.
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