BOE Official Warns of ‘Bumpy’ Last Mile in Inflation Fight

Bank of England policy maker Megan Greene said developed economies including the UK face a “bumpy ride” as central banks squeeze out the final effects of the global inflation shock, and interest rates may have to stay higher than some expect.

Apr 17, 2024 - 16:50
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BOE Official Warns of ‘Bumpy’ Last Mile in Inflation Fight
Bank of England policy maker Megan Greene said developed economies including the UK face a “bumpy ride” as central banks squeeze out the final effects of the global inflation shock, and interest rates may have to stay higher than some expect.

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