BoE's Greene calls for rate hike on UK growth upgrade

Bloomberg · 5 hours ago
  • BoE rate-setter Megan Greene argues that faster-than-expected UK growth and a resilient jobs market show the Bank of England is not doing enough to bear down on inflation.
  • The comments point to a hawkish BoE stance, with the growth upgrade cited as the case for tighter policy.

Quotes

“Faster-than-expected economic growth in the UK and a resilient jobs market are evidence that the Bank of England isn’t doing enough to bear down on inflation”— Megan Greene

Sources