Catherine Mann, a member of the Bank of England's Monetary Policy Committee, expressed concerns about the potential impact of aggressive interest rate cuts on inflation.

Mann stated that a reduction of 100 basis points within the next year would be excessive and could worsen inflationary pressures. She emphasized that such a significant cut would not align with her outlook on future demand conditions and the persistence of underlying inflation.

Mann's stance differs from that of the majority of her colleagues on the committee, who prefer a more gradual approach.