‘Dangerous’ for BoE to Rely on High Bond Yields to Control Inflation, MPC’s Greene Says

‘Dangerous’ for BoE to rely on high bond yields to control inflation, MPC’s Greene says

LONDON, Oct 8 (Reuters) - The Bank of England should not continue to rely on high bond ​yields to do its job ‌of taming inflation, Monetary Policy Committee member Megan Greene said on Thursday. "It's quite dangerous to just assume the markets will ‌do...

BoE’s Greene Says Bond Markets Cannot Do the Tightening Job Forever - ActionForex

Bank of England MPC member Megan Greene, speaking Thursday at a STANLIB Asset Management conference in Cape Town, sharpened the debate over whether higher market borrowing costs can continue doing part of the BoE’s tightening work. Greene warned it would be “quite dangerous” to assume markets will keep doing the job for policymakers, adding that […]

Dangerous’ for BoE to rely on high bond yields to control inflation, MPC’s Greene says

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