Finance
BoE's Greene says price pressures still too high, inflation expectations rising
Published by Global Banking & Finance Review®
Posted on May 12, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 12, 2025
1 min readLast updated: January 23, 2026
BoE's Megan Greene warns of rising inflation expectations despite positive wage trends. Interest rates were cut to address high inflation.
LONDON (Reuters) -Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were moving in the right direction but remained too high and that she was worried about rising public inflation expectations.
"What's a little bit more worrisome for me is that medium-term inflation expectations have also started picking up," Greene said in a panel discussion during a conference at King’s Business School.
Last week, Greene voted with the majority when the BoE's Monetary Policy Committee cut interest rates by a quarter of a percentage point for the fourth time since last August.
(Reporting by David MillikenWriting by William Schomberg; editing by Suban Abdulla)
The main topic is the Bank of England's concerns over rising inflation expectations and recent interest rate cuts.
Megan Greene expressed concern that medium-term inflation expectations are rising, despite some positive trends in wage measures.
The Bank of England's Monetary Policy Committee recently cut interest rates by a quarter of a percentage point.
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