警示美国！英央行曼恩：脱欧与特拉斯政策加剧英镑长期贬值趋势与通胀风险

Core Insights - The Bank of England's policymaker Catherine Mann highlighted that Brexit and former Prime Minister Liz Truss's policies have led to a decline in the UK's economic competitiveness, slower growth, and increased inflation risks [1][2]. Economic Impact - Brexit has disrupted the deep trade ties between the UK and the EU, further pushing the UK down the path of "de-dollarization" and lowering economic growth potential, making it more susceptible to inflation [2]. - The current inflation rate in the UK stands at 3.8%, nearly double the Bank of England's target of 2%, prompting Mann to support maintaining current interest rates to control inflation [4]. Monetary Policy Considerations - The low growth potential of the UK economy has affected the space and direction for monetary policy decisions [3]. - Mann emphasized the need for a long-term restrictive interest rate policy to ensure effective inflation control [4]. Historical Context - Mann pointed out five key historical events that have eroded the pound's status: the erosion of the pound's status since the 1920s, the Suez Crisis in 1956, the UK's exit from the European Exchange Rate Mechanism in 1992, Brexit in 2016, and the market crash following Truss's budget in 2022 [4]. - The gradual erosion of monetary stability is attributed to policy missteps rather than sudden shocks, indicating a need for caution in fiscal and monetary policy choices [5].