The most 'hawkish' member of the Central Bank of England: the risk of weak demand outweighs the inflation risk, supporting a substantial interest rate cut

Jin10 data February 11th news, British Central Bank monetary policy committee member Mann said that she supported the British Central Bank's significant 50Bp rate cut last week because she believes that with consumers reducing spending, businesses are struggling to raise prices. Mann said that demand conditions are much weaker than before, which means that further policy easing may be necessary, as fragile pricing power will seep into lower inflation. Mann was originally one of the most vocal 'hawkish' members, and she opposed rate cuts last year due to persistent inflation risks. But now she says the situation looks different. 'To some extent, we can communicate the financial conditions we think are suitable for the British economy, and in my opinion, a larger (rate cut) move is a better communication tool,' Mann said.