Bank’s Megan Greene calls for ‘steady-as-she goes’ approach to cutting interest rates Economics Megan Greene, one of the Monetary Policy Committee's (MPC) more hawkish members, said a "gradual approach" to lowering borrowing costs was "appropriate" given the balance of risks facing the economy.
Labour hoarding makes life difficult for Bank of England, rate-setter says UK economy Labour hoarding since the pandemic has helped fuel inflation and could mean rates have to remain high, a Bank of England policymaker said.