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Bank of England rate-setter says risks to UK inflation justify slower cuts

Risks to the UK’s inflation outlook may have increased, justifying the need to take a cautious approach to cutting interest rates, a Bank of England policymaker has said. Megan Greene, a member of the Bank’s rate-setting committee, said the current ...

24 Sept 2025 at 18:43

UK risks more persistent inflation than Europe or US, warns Bank rate setter

The threat of persistent inflation is bigger in the UK than in Europe and the US, a Bank of England rate setter has said. Megan Greene warned that the UK had faced a “double whammy” in dealing with both a tight jobs market and a trade shock. She ...

15 Feb 2024 at 14:38

Bank of England rate-setter says US tariffs likely to push down on inflation

A Bank of England policymaker has said US trade tariffs are more likely to push down on UK inflation than to push it up, but that there are risks on both sides. Megan Greene told Bloomberg: “The tariffs represent more of a disinflationary risk ...

22 Apr 2025 at 12:13

Appropriate to be cautious says Bank deputy as ‘wages still too high’

A deputy governor of the Bank of England has said “caution remains appropriate” in fiscal policy decisions despite a slowdown in UK inflation in recent months. Wages are still growing too fast for inflation to sustainably come down to the 2% ...

12 May 2025 at 18:08

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

A Bank of England policymaker has cautioned that faster interest rate cuts in the US could slow down the process in the UK, amid pressure from President Donald Trump for its central bank to reduce borrowing costs. Megan Greene said the Bank ...

23 Jan 2026 at 12:04

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