Last week the rate was cut from 4.75% to 4.5% with the prevailing wisdom suggesting that the threat of a return to higher inflation deterred the MPC from agreeing a large cut.

At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just ...

Catherine Mann has said her decision to vote last week for a larger rate cut than most fellow members of the Bank of ...

Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...

Catherine L. Mann on Thursday surprised investors by voting to lower the key interest rate by half of a percentage point, a larger move than that favored by the majority. Mann had on a number of ...

Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...

Over the last two trading sessions, the GBP/USD currency pair relinquished most of its upward rebound gains, reaching the resistance lev ...

Fed Chair Powell's monetary-policy testimony on Tuesday to the Senate Banking Committee, and on Wednesday to the House Financial Services Committee, will also be watched closely for clues on the rate ...

Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...

LONDON (Reuters) - Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not ...