Speaking to the FT, the MPC member explained that he favours a slow start to cutting rates, and that the road to rate cuts will be a «long, slow process». He said: «Although the fall in headline inflation is very good news, it is not informative about what we really care about: what we really care about is the persistent and the underlying inflation. „I think cuts are a long way off.“ BoE rate setter Catherine Mann: Markets are pricing in 'too many' cuts The rate setter said he considers himself a „gradualist“ rather than an „activist“ when it comes to monetary policy, as inflat...
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