BoE’s Mann: Inflation expectations are very important to the outlook
|Bank Of England’s Monetary Policy Committee member Catherine Mann said on Friday that inflation expectations are very important to the outlook.
Regarding inflation, Mann said that wholesale energy prices are expected to slow down the Consumer Price Index. She added that the process regarding Brexit is important for food price inflation in the United Kingdom.
Market reaction
The Pound is rising versus Euro on Friday, but is falling against the US Dollar. GBP/USD trades above 1.2250 after testing earlier levels below 1.2200.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.