The Economics Show

The case for holding rates, with Catherine Mann

Aug 12, 2024
Catherine Mann, a member of the Bank of England’s Monetary Policy Committee, shares her insights on the complexities of global monetary policy. She discusses the recent weak US jobs report and its ripple effects on central banks. Mann argues for holding interest rates steady amid falling inflation and economic volatility, while examining how these changes impact mortgages and renters. She highlights the differences in economic recovery between the UK, US, and euro area, and the importance of firm expectations in shaping future monetary decisions.
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