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Podcast: Beyond Currency
Episode: 30 November 2022 - Inflation unlikely to fall below 4%
Description: Catherine Mann has been a member of the Bank of England’s Monetary Policy Committee for over a year now and has begun to flex her hawkish muscles. Over the past few meetings, she has voted for interest rates rises more than what has eventually been agreed.
Yesterday, she spoke of her fear that the Central Bank is losing its fight to bring down inflation to its 2% target. She spoke of her concern that the target that is set by the Government could become unattainable as the global moves into a new phase as the era of accommodative interest rates en...