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The Latest Breaking News from Megan Greene

FTSE down as Bank of England keeps interest rates steady

The FTSE 100 closed down 108.91 points, or 1.0%, at 10,399.70.

Evening Standard

Bank of England votes 7-2 to hold rates at 3.75%

The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economists. Although consensus prevailed, a couple of policymakers pushed for a higher rate. As Governor Andrew Bailey notes, inflationary pressures are expected to rise, despite the prospect of a…

The Economic Times

FTSE 100 flatlines as gold and silver gleam again

In London, economic data was in focus after UK retail sales unexpectedly rose in December.

Evening Standard

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Strong UK pay growth could limit interest rate cuts, Bank policymaker warns

Megan Greene says apparent end to the decline in wage growth could hinder fight against inflation

The Guardian - UK

Bank policymaker says faster US interest rate cuts could fuel UK inflation

Megan Greene said the Bank may have to react to monetary policy decisions abroad if they have a knock-on impact on UK price rises.

Evening Standard

Bank of England rate-setter says inflation not a ‘particularly British problem’

Swati Dhingra, a member of the Bank’s rate-setting committee, argued there was no need to be ‘overly cautious’ about lowering borrowing costs.

The Independent UK

Bank of England rate-setter says risks to UK inflation justify slower cuts

Megan Greene, a member of the Bank’s rate-setting committee, said there needed to be a ‘cautious approach to rate cuts going forward’.

The Independent UK

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FTSE 100 underperforms despite Iran-Israel hope

The FTSE 100 index closed up just 0.95 points at 8,758.99.

Evening Standard

Bank rate-setter in ‘uncomfortable place’ amid worries over stubborn inflation

Megan Greene said she is concerned that recent rises in inflation could see the outlook resemble a ‘plateau’ rather than a ‘hump’.

Evening Standard

Interest rate decision-maker highlights dangers facing Bank of England

Stubbornly high inflation risks perpetuating price increases, says senior official

The Independent UK

Risks to global financial stability surging after Trump tariffs, warns IMF

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lenders

The Guardian - UK

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

Megan Greene was speaking weeks ahead of the Bank’s next monetary policy meeting, where it is expected to cut interest rates.

The Independent UK

Trump’s tariff plans will hit UK economy, top economists warn

The chancellor is plotting billions of pounds of spending cuts as economists warn Donald Trump’s tariffs will throw her growth plans into a spin

The Independent UK

Bank of England rate setter calls for caution amid rising inflation

Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be cautious with rate cuts.

The Independent UK

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The Independent UK

Interest rates live updates: Bank of England base rate cut to help slash mortgage bills

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

The Guardian - UK

Central banks must resist pressure for early rate cuts, says IMF head

Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growth

The Guardian - UK

ECB leaves eurozone interest rates on hold but hints at cut this summer – as it happened

European Central Bank says rate cuts would be appropriate if inflation keeps falling, as BoE policymaker Megan Greene argues UK rate cuts are a way off

Fortune

Democratic veterans from 2 decades of budget wars say the national debt isn't worth holding the U.S. and global economy 'hostage'

"If the future is what you care about, then doing things that hurt the future doesn't make sense.”

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The Independent UK

Economist who lambasted Brexit and Liz Truss joins Bank of England

New member of Bank’s Monetary Policy Committee believes ‘Brexit is bad for the UK’

The Guardian - UK

Megan Greene to join BoE’s monetary policy committee

Global chief economist at Kroll will join the MPC as an external member on a three-year term from 5 July

The Independent UK

Near 'cliff's edge,' Credit Suisse not seen as systemic risk

Longtime troubles at Credit Suisse have come to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the U.S. to Europe

The Independent UK

Lots of sound and fury on US debt, but not a crisis — yet

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis point

Tribune News Service

Will the Fed cause a recession by raising rates? Here’s what experts are saying

High inflation comes with a heavy economic price, but so can the Federal Reserve’s attempts to get it under control.

People

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