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9 months ago

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BoE's Mann says better to err towards over-tightening rates

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BoE's Mann says better to err towards over-tightening rates

Bank of England policymaker Catherine Mann said on Monday that it was too soon for the BoE to stop raising interest rates, and that it was better for the central bank to err on the side of raising them too high rather than stopping prematurely.

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BoE's Mann says better to err towards over-tightening rates

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BoE's Mann says better to err towards over-tightening rates

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