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The BOE’s Mann says UK wage growth is still a concern for inflation, FT By Reuters reports

© Reuters. FILE PHOTO: Economist and member of the Bank of England's Monetary Policy Committee Catherine Mann poses for a photo before a speech at Manchester Business School in Manchester, Britain January 12, 2023. REUTERS/Phil Noble/File Photo

(Reuters) – Catherine Mann, an external member of the BoE’s monetary policy committee, said prices of goods and services should rise again and wage pressures in the economy could take years to dissipate, in an Economics podcast Show with the Financial Times.

Mann told the FT she was still concerned about the risks of rising inflation, despite the main rate remaining at the bank’s 2% target in June.

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