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.
“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.
(Writing by William Schomberg)
Comments