Economics

BOE’s Mann Says Global Inflation Today is Different from 1970s

Catherine MannPhotographer: David Paul Morris/Bloomberg

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By Michael Heath

September 6, 2021 at 4:20 AM UTC

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The world today is different to the inflation-wracked 1970s and as a result the Federal Reserve remains well placed to respond to evolving price pressures, said Catherine Mann, the newly-appointed Bank of England policy maker who was a former chief economist at Citigroup Inc.