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BOE'S MANN: NOT CONVINCED NEAR-TERM DECELERATION IN HEADLINE INFLATION WILL CONTINUE

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Bank of England (BoE) policymaker Catherine Mann, who voted in favor of a rate hike in the last policy meeting, said on Thursday that she is not convinced that the near-term declaration in headline inflation will continue, per Reuters.

Mann noted that she is worried that a Red Sea price shock could be incorporated into corporate pricing swiftly and argued that financial conditions in the UK eased "too much."


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