BoE policymaker Catherine Mann<\/a> said she saw inflation returning to the 2% target level next year owing to weak demand.<\/p>\nMann’s comments explain why she went from being the most hawkish to the most dovish BoE policymaker.<\/p>\n
The EUR is unchanged after European Commission President Ursula von der Leyen warned of retaliation to US trade tariffs on aluminum. 15% of US aluminium imports come from Europe.<\/p>\n
ECB President Christine Lagarde warned of an uncertain inflation outlook if trade frictions rise.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound -euro exchange rate is holding steady at \u20ac1.20, recovering from earlier losses. The pound fell in early trade after BoE policymaker Catherine Mann said she saw inflation returning to the 2% target level next year owing to weak demand. Mann’s comments explain why she went from being the most hawkish to the most […]<\/p>\n","protected":false},"author":163946598,"featured_media":5320,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379],"tags":[1395,2649,1394,2410],"class_list":["post-118891","post","type-post","status-publish","format-standard","has-post-thumbnail","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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