Bank of England's Greene sees no further case for quarterly rate cuts
Bank of England's Greene sees no further case for quarterly rate cuts
Published by Global Banking and Finance Review
Posted on October 17, 2025
Published by Global Banking and Finance Review
Posted on October 17, 2025
WASHINGTON (Reuters) -Bank of England Monetary Policy Committee member Megan Greene said on Friday that she did not see a case for the BoE to continue its current quarterly pace of rate cuts but did not think the rate-cutting cycle was over.
Greene, speaking at an event hosted by the Atlantic Council think tank in Washington, said a rise in British unemployment reported on Tuesday was in line with her expectations, and reduced the chance of high inflation translating into a wage-price spiral.
Greene, an external member of the MPC, voted against the BoE's most recent rate cut in August.
(Reporting by David Milliken, Editing by Louise Heavens)
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