BOE's Mann: I describe myself as an 'activist' rather than a 'gradualist' on rates

An 'activist' approach means to cut less until it is clear inflation persistence has been purgedI would be ready to cut rates in bigger steps when inflation risks have goneAs mentioned, she's arguably the most hawkish member on the policy committee. So, these comments need to be taken with that in consideration. Her comments are also reflected by her bank rate vote last week here, as she was the only member to dissent against the rate cut decision. This article was written by Justin Low at www.forexlive.com.