Finance
BoE's Mann welcomes inflation data, wants improvement in underlying figures
Published by Global Banking & Finance Review®
Posted on February 19, 2026
1 min readLast updated: February 19, 2026
Quick Summary
BoE policymaker Catherine Mann called recent UK inflation data good but said underlying measures haven’t improved enough. She doubts a near‑term 2% will be sustainable, signaling caution on rate cuts.
BoE’s Catherine Mann Welcomes Inflation Data, Seeks Stronger Core Trends
Mann Welcomes Latest Inflation Figures
BoE Outlook on Inflation and Policy
LONDON, Feb 19 (Reuters) - Bank of England interest rate-setter Catherine Mann said British inflation data published this week were "good numbers" although there had not been as much improvement in the underlying figures as the central bank had hoped to see.
2% Seen in the Next Few Months
Underlying Trend Still Uncertain
"It's actually pretty hard to tell exactly what is the sustainable or underlying trend rate of inflation, and whether or not the 2% that we are ... likely to see coming forward in the next few months is in fact a sustainable 2%," Mann said in an interview with Kathleen Hays Presents: Central Bank Central, a podcast, which was published on Thursday.
Reporting Credit
(Writing by William Schomberg)
Key Takeaways
- •Catherine Mann says the latest UK inflation readings are “good numbers.”
- •She questions whether a prospective move to 2% inflation will be sustainable.
- •Underlying metrics such as core and services inflation show less improvement than hoped.
- •Comments suggest caution on rate cuts until the inflation trend is clearer.
- •Remarks were made on the ‘Central Bank Central’ podcast published Thursday in London.
Frequently Asked Questions about BoE's Mann welcomes inflation data, wants improvement in underlying figures
1What is the main topic?
BoE MPC member Catherine Mann’s reaction to the latest UK inflation data, welcoming the headline figures while warning that underlying measures have not improved enough to ensure a sustainable 2%.
2What does Mann say about interest rates?
Her remarks imply caution on cutting rates soon, as the Bank of England wants clearer improvement in core and services inflation before concluding that 2% is durable.
3Where did these comments appear?
In an interview on the podcast “Kathleen Hays Presents: Central Bank Central,” published on a Thursday with a London dateline.
