Closer UK-EU Ties Would Help Inflation Fight, BOE’s Greene Says

Closer UK-EU Ties Would Help Inflation Fight, BOE’s Greene Says

An improved UK relationship with the European Union would help the Bank of England keep inflation under control, BOE policymaker Megan Greene said.

BoE’s Greene: We should not cut rates every quarter, but rate-cutting cycle not over

Bank of England (BoE) MPC member Megan Greene spoke about inflation dynamics, the global rate path, and risks in currency markets at the annual meetings of the International Monetary Fund and World Bank Group, hosted by the Atlantic Council in Washington, DC.

Closer UK-EU ties would help inflation fight, BOE’s Greene says

Britain’s poor productivity record dates from the 2008 financial crisis but Brexit has also held it back, Greene said