Bank Policymaker Says Faster US Interest Rate Cuts Could Fuel UK Inflation

Bank of England issues warning as US interest rate cuts could fuel UK inflation

A Bank of England rate‑setter has warned that quicker US rate cuts could push UK inflation higher, forcing policymakers in London to take a more cautious approach to easing monetary policy.Megan Greene, a member of the Bank of England’s nine‑strong Monetary Policy Committee (MPC), has warned that the UK may need to diverge from the US Federal Reserve’s policy path, arguing that Britain’s economic structure means it cannot simply mirror decisions…

Bank policymaker says faster US interest rate cuts could fuel UK inflation

Megan Greene said the Bank may have to react to monetary policy decisions abroad if they have a knock-on impact on UK price rises.

US Rate Cuts & UK Inflation Risk: BoE Warns

The Bank of England is bracing for a potential inflationary shockwave. A surprising statistic: the UK economy is currently more sensitive to US interest rate