LONDON, Feb 23 (Reuters) - Bank of England interest
rate-setter Catherine Mann said on Thursday that it was too soon
to say the risks posed by the surge in inflation last year had
eased and that the central bank should continue to raise
borrowing costs.
"I believe that more tightening is needed, and caution that
a pivot is not imminent," Mann said in a speech delivered to the
Resolution Foundation think-tank in London. "In my view, a
preponderance of turning points is not yet in the data."
The BoE raised interest rates to 4% earlier this month but
signalled it was close to ending a run of increases which began
in December 2021.
(Reporting by William Schomberg and David Milliken)
Reuters Messaging: william.schomberg.reuters.com@reuters.net))
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