BoE’s Mann sees no troubling inflation signs

 BoE’s Mann sees no troubling inflation signs

FILE PHOTO: The Bank of England and the City of London financial district in London, Britain, November 5, 2020. REUTERS/John Sibley

LONDON (Reuters) – Bank of England interest rate-setter Catherine Mann said on Tuesday that inflation signals from financial markets and the labour market were not troubling, and there were signs that the pace of growth in energy prices was cooling.

“The signal there is not troubling,” Mann said, referring to five-year ahead inflation expectations priced into financial markets. “Transitory, yes. Troubling, no.”

Mann was speaking in a panel discussion organised by the United States’ National Association for Business Economics.

Reporting by David Milliken; Writing by William Schomberg

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