Finance

BoE's Mann welcomes inflation data, wants improvement in underlying figures

Published by Global Banking & Finance Review

Posted on February 19, 2026

1 min read

· Last updated: April 3, 2026

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BoE's Mann welcomes inflation data, wants improvement in underlying figures
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LONDON, Feb 19 (Reuters) - Bank of England interest rate-setter Catherine Mann said British inflation data published this week were "good numbers" although there had not been as much improvement in

BoE’s Catherine Mann Welcomes Inflation Data, Seeks Stronger Core Trends

Mann Welcomes Latest Inflation Figures

BoE Outlook on Inflation and Policy

LONDON, Feb 19 (Reuters) - Bank of England interest rate-setter Catherine Mann said British inflation data published this week were "good numbers" although there had not been as much improvement in the underlying figures as the central bank had hoped to see.

2% Seen in the Next Few Months

Underlying Trend Still Uncertain

"It's actually pretty hard to tell exactly what is the sustainable or underlying trend rate of inflation, and whether or not the 2% that we are ... likely to see coming forward in the next few months is in fact a sustainable 2%," Mann said in an interview with Kathleen Hays Presents: Central Bank Central, a podcast, which was published on Thursday.

Reporting Credit

(Writing by William Schomberg)

Key Takeaways

  • Catherine Mann says the latest UK inflation readings are “good numbers.”
  • She questions whether a prospective move to 2% inflation will be sustainable.
  • Underlying metrics such as core and services inflation show less improvement than hoped.
  • Comments suggest caution on rate cuts until the inflation trend is clearer.
  • Remarks were made on the ‘Central Bank Central’ podcast published Thursday in London.

References

Frequently Asked Questions

What is the main topic?
BoE MPC member Catherine Mann’s reaction to the latest UK inflation data, welcoming the headline figures while warning that underlying measures have not improved enough to ensure a sustainable 2%.
What does Mann say about interest rates?
Her remarks imply caution on cutting rates soon, as the Bank of England wants clearer improvement in core and services inflation before concluding that 2% is durable.
Where did these comments appear?
In an interview on the podcast “Kathleen Hays Presents: Central Bank Central,” published on a Thursday with a London dateline.

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