BoE's Mann: Activist Move May Be Needed to Hit Inflation Target

Bank of England (BoE) policymaker Catherine Mann said on Thursday that an "activist move" may be required to steer inflation expectations and outcomes back toward the 2% target. The comment came from a prepared speech text released ahead of an event hosted by a French bank.

Mann did not specify the exact timing or size of any potential action, but her remarks suggest the BoE remains vigilant about persistent inflation risks. The phrase "activist move" is typically interpreted as a reference to aggressive monetary policy tightening, such as rate hikes.