'Fast and forceful' rate rise needed, MPC member says

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'Fast and forceful' rate rise needed, MPC member says
Catherine Mann, member of the Monetary Policy Committee (Image credit: David Paul Morris/Bloomberg)

A “fast and forceful” rise in interest rates will be needed to prevent expectations of higher inflation from driving the base rate up even further, a member of the Bank of England’s Monetary Policy Committee (MPC) has said.

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