BOE appointee Greene: It is reasonable to expect inflation to come down fairly quickly

  • Remarks by incoming BOE policymaker, Megan Greene
  • Inflation should come down over the next year
  • Important not to allow inflation expectations to become de-anchored
  • Engaging in stop-start monetary policy can end up with a worse outcome

But will that be enough to get to the 2% target so the central bank can afford to take their foot off the gas pedal? At this point, there's still more questions than answers.

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