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Emeritus Prof Christopher May

So Catherine Mann (of the BoE's MPC - which sets ), thinks they need to go (even) higher to squeeze out of the UK's economy.... indeed, showing little regard for the effects, she told a Canadian audience; 'I would rather err on the side of over-tightening'!

The Q. is whether she can convince other members to keep raising rates further, seemingly uncaring whether squeezing inflation out of the economy actually squeezes the life out of it at the same time....