Bank of England monetary policy committee member Mann said she supported the Bank of England's sharp rate cut by 50Bp last week because she believes it is difficult for companies to raise prices as consumers cut spending. Mann said the demand situation is much weaker than before, which means further relaxation may be needed as fragile pricing power penetrates lower inflation. Mann was originally one of the loudest members of the "Eagle" voice, and she opposed interest rate cuts last year due to the ongoing inflation risks. But now she said that the situation now looks different. “To some extent, we can communicate what we think is suitable for the UK economy, and in my opinion, a larger (rate cut) move is a better communication tool,” Mann said. (Jin Shi)