Battle against UK inflation is far from over, says Bank of England policymaker
by Phillip Inman and Graeme Wearden from on (#6PXC3)
Catherine Mann says Britain should not be seduced' by price rises easing to the BoE's target
The UK should not be seduced" into thinking the battle to calm inflation is over despite price rises easing to the Bank of England's target, according to an interest rate setter at the central bank.
Catherine Mann, a member of the Bank's monetary policy committee, said the underlying price pressures in the economy remain strong and showed that the central bank needed to take a tough stance when it sets interest rates.
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