Global Market: BoE's Megan Greene Says UK Interest Rates May Not Be Restrictive Enough
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4 Articles
Global Market: BoE's Megan Greene says UK interest rates may not be restrictive enough
Bank of England policymaker Megan Greene said the IMFs upward revision to the UKs economic growth forecast supports her view that monetary policy remains insufficiently restrictive. She warned that delaying interest rate hikes could prolong inflationary pressures, highlighting divisions among policymakers over balancing inflation control against economic growth and borrowing costs.
(Teleborsa) - The economic growth of the United Kingdom, above expectations and the solidity of the labour market, shows that the Bank of England is not doing enough to contain inflation....
BoE's Greene Turns IMF Growth Upgrade Into Argument for Higher Rates - ActionForex
Bank of England Monetary Policy Committee external member Megan Greene argued that stronger-than-expected UK economic growth reinforced her view that monetary policy was not sufficiently restrictive to contain inflation. Speaking at an Atlantic Council event on the sidelines of the IMF meetings in Bangkok, Greene pointed to the IMF’s upgrade of its 2026 UK growth […]
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