
BoE’s Mann Warns UK Inflation Could Become Further Entrenched in Pay Deals
Bank of England policymaker Catherine Mann said on 6 October that inflation above the Bank’s 2% target had become embedded in Britain. Speaking at a TS Lombard conference, she warned that inflation approaching 4% around the turn of the year could influence annual wage negotiations and entrench price pressures further. Her comments present a policymaker’s assessment of inflation risk, rather than a new interest-rate decision. The distinction matters for traders assessing how wage settlements could shape the UK monetary-policy outlook.





























