Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more aggressively when it is clear inflation risks are receding.

Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more aggressively when it is clear inflation risks are receding.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityThe Moonshot Plan to Eliminate Deaths on America’s RoadsCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.

Bank of England interest rate setter Catherine Mann said on Friday that she took a guarded view on the prospect of multiple rate cuts in the months ahead and stressed the need for policy to remain restrictive.