BoE's Mann: If outturns — especially in expectations — are unfavorable to the underlying inflation process, an activist move can bring infla
BoE's Mann: If outturns — especially in expectations — are unfavorable to the underlying inflation process, an activist move can bring inflation expectations and outcomes toward 2% target
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02:02:53 PM UTC
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BoE's Mann: If Outturns – Especially In Expectations – Are Unfavorable To The Underlying Inflation Process, An Activist Move Can Bring Inflation Expectations And Outcomes Toward 2% Target
In June There Was More Upside Risks To Inflation Compared To Downside Risks For Activity Trade‑Off Between Inflation Risk And Activity Has Led Me To Place More Weight On Inflation Persistence, Shifting My View Towards A Longer Hold, And Potentially A Need To Lean Against That Risk