Catherine Mann to join Bank of England monetary policy committee

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Former Citigroup and OECD chief economist has warned of economic harms from austerity and Brexit

The chancellor has appointed former White House adviser and Citigroup chief economist Catherine Mann to the Bank of England’s monetary policy committee, in a move that ensures two of the nine individuals responsible for setting the country’s interest rates will now be women.

The Treasury announced on Tuesday that Mann, who has previously warned about the economic harms that could be caused by austerity and Brexit, has been appointed for a three-year term as an external committee member beginning on 1 September.

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