Bank of England's Mann Expresses Concern Over 2026 Inflation Feeding Into 2027 Wage Deals

GateNews
Bank of England Monetary Policy Committee member Rheanne Mann expressed concern on May 20 that elevated inflation by the end of 2026 could become entrenched in wage settlement negotiations in 2027. Mann's remarks highlight the central bank's focus on wage-price spiral risks and the potential for temporary inflation shocks to anchor longer-term inflation expectations.
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