BOE's Mann: Fx rate is important ingredient for UK inflation – by eren_fxstreet BOE CentralBanks
"Once inflation expectations have been managed, the bank rate can come off a future peak," Mann added and noted that the foreign exchange rate is an "important ingredient" for the UK inflation.These comments don't seem to be having a significant impact on Pound Sterling's performance against its rivals. As of writing, GBP/USD was up 0.55% on the day at 1.2025.
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