BOE's Greene reappointed for second term

  • Green will stay on the MPC
BoE's Greene

All the votes count right now at the MPC, which voted 5-4 last month to hold rates unchanged. Green was one of the 5 votes to leave rates unchanged and said:

"I am not convinced the monetary policy stance is meaningfully restrictive. There is huge uncertainty around the neutral rate, but as we approach it the risk of cutting too far or too fast rises and it becomes more difficult to discern whether inflation is driven by the monetary policy stance or underlying dynamics."

This is a fresh three-year term and it's her second one, which is the most an external member can serve.

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