BOE’s Mann says UK wage growth still a concern for inflation, FT reports

(Reuters) – Catherine Mann, an external member of the BoE’s monetary policy committee, said that goods and services prices were set to rise again and wage pressures in the economy could take years to dissipate, in an Economics Show podcast with the Financial Times.

Mann told the FT she was still concerned about upside risks to inflation, despite the main rate remaining at the bank’s 2% target in June.

(Reporting by Harshita Meenaktshi in Bengaluru; Editing by Kim Coghill)