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Bank rate-setter cautions over stubborn inflation
The Journal
|June 25, 2025
BANK of England interest rate-setter Megan Greene has cautioned that recent rises in inflation could prove longer-lasting than forecast, leaving policymakers in an "uncomfortable place".
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In a speech at the National Institute of Economic and Social Research (Niesr), Bank Monetary Policy Committee (MPC) member Ms Greene said that stubborn inflation of around 3.5% for the rest of the year could keep fuelling wage rises and price hikes in the UK.
This story is from the June 25, 2025 edition of The Journal.
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