Bank of England's Megan Greene rules out 'imminent' rate cuts - reports

UK in 'trade-off territory'

Valeria Martinez
clock • 2 min read

Bank of England rate setter Megan Greene said the UK’s latest wage growth and services price inflation data is too high for the central bank to consider cutting rates, a move she ruled out as “imminent”.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Bank of England warns of future rate uncertainty after vote to hold at 3.75%
UK

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock 30 April 2026 • 2 min read
House of Lords urges government to end fiscal headroom 'raiding'
UK

House of Lords urges government to end fiscal headroom 'raiding'

Outlook must be longer term

Linus Uhlig
clock 28 April 2026 • 3 min read
UK retail sales rise 0.7% in March as shoppers stock up on fuel
UK

UK retail sales rise 0.7% in March as shoppers stock up on fuel

Fuel sales up 6.1%

Michael Nelson
clock 24 April 2026 • 2 min read
Trustpilot