BoE's Mann: Gap between UK headline and core inflation more persistent than in US – by eren_fxstreet BOE CentralBanks GBPUSD
Committee member Catherine Mann noted on Wednesday that the gap between the headline and core inflation in the UK is more persistent than in the US and the Euro area, as reported by Reuters.
Mann further added that firms will use it if they have a high pricing power and said that they will remain on a path that has an "awful a lot of volatility."GBP/USD edged slightly higher with the immediate reaction to these comments. As of writing, the pair was trading at 1.2380, where it was still down 0.3% on a daily basis.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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