Bank of England policymaker Catherine Mann said on Tuesday she voted for a half-point interest rate cut last week to "cut through the noise" about the right stance for policy, but said rates needed to remain restrictive.

Markets are largely expecting the first 25bp rate cut from the Reserve Bank of Australia (RBA) next week on February 18. We agree, but it'll be a close call. Read more

Catherine Mann, a policymaker at the Bank of England (BoE), clarified her stance on interest rate cuts during a speech on Tuesday. Her recent vote for a half percentage-point cut in interest rates, which came as a surprise to investors,

Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she wanted a series of rate cuts or that she would vote the same way again in March.