B · Normal
[BoE official Greene believes that the British economy is growing faster than expected, supporting the central bank to raise interest rates] On October 13, Megan Greene, a member of the Bank of England's Monetary Policy Committee, said that the British economy is growing faster than expected and the job market has remained resilient, which shows that the central bank is still not doing enough to curb inflation. Speaking to the Atlantic Council on the sidelines of an International Monetary Fund (IMF) meeting in Bangkok, Greene said interest rates should be higher than their current level of 3.75% and warned colleagues not to rely on markets to tighten financial conditions. The IMF had just raised its forecast for UK economic growth this year from 1% to 1.3%.
Global market intelligence 🕐 2026-10-13 13:45

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