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BoE's Mann says it is better for interest rates to be a little bit too high and then of course and correct if necessary

StockNow breaking-news AI analysis

BoE's Catherine Mann prefers keeping interest rates slightly higher to correct later if needed, citing stronger recent economic activity and the aim to prevent inflation from embedding into wages.

News detail

From the last MPC meeting to this one, seen somewhat stronger economic activity. Want to avoid inflation embedding into pay next year.

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