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

Megan Greene is a member of the Bank of England’s Monetary Policy Committee (Yui Mok/PA) - (PA Wire)

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 than an inflationary risk.”