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BoE's Mann says sterling and gilt moves are key for her rate decisions

Wed, 13th May 2026 19:51

LONDON, May 13 (Reuters) - ​Bank ⁠of England rate ​setter Catherine Mann on Wednesday said ​the ‌financial landscape was relevant to future ⁠rate decisions, when ⁠asked about recent ​moves in the gilt market driven by political drama in ​London.

British ‌government 10-year gilt yields hit their highest since 2008 on Tuesday in response ​to pressure on Prime Minister Keir ‌Starmer to resign from members of his ‌Labour Party, before falling back slightly on Wednesday.

"With regard to the ​10-year yield and exchange rates, I ‌take the financial landscape as a key factor in my ⁠decision-making," she ⁠said in a ‌question and answer session after giving ​a ​speech at the London ‌School of Economics.

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