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BoE's Greene backs 'cautious' interest rate cuts

BOE’s Greene Says Key Rate Must Remain Restrictive to Tame Inflation

Supply constraints rather than soft demand caused recent weakness in the U.K. economy, suggesting to BOE member Megan Greene that borrowing costs will have to stay restrictive to tame inflation.

Reuters on MSN · 2d

BoE's Greene seeks cautious approach to rate cuts, cites inflation pressure

Bank of England policymaker Megan Greene on Wednesday advocated a cautious approach to cutting interest rates, and said it was looking increasingly likely that policy would need keep leaning against persistent inflation pressure.

Hosted on MSN · 2d

BoE’s Greene backs ‘cautious’ interest rate cuts despite ‘uncomfortable’ growth performance

A rate-setter at the Bank of England backed a “cautious” approach to cutting interest rates despite the “uncomfortable” recent performance of the economy. “The macroeconomic news over recent months has been uncomfortable,

The Wall Street Journal on MSN · 3d

BOE Key Rate Should Remain ‘Well Above’ Neutral, Mann Says

The Bank of England should continue to restrain economic activity to ensure that households and businesses don’t act in ways that would prolong a coming pickup in inflation, Catherine L. Mann said.

News92h

Attorney General Drummond casts doubt on Gov. Stitt’s budget numbers ahead of BOE Meeting

Attorney General Gentner Drummond expressed lack of confidence in Governor Stitt's budget numbers, criticizing the process ...

18h

Special committee does not pass BOE approval

The Cumberland County Board of Education did not pass the motion to create a special committee to address the evaluation of the director of schools and the board of education. The vote was 4-4; ...

11don MSN

In Not Following the Fed, the BOE Is Set to Be One of the Herd

The Bank of England is set to join a growing number of central banks that are pressing ahead with cuts to their key interest ...

Sterling edges down versus euro before economic data and BoE Bailey speech

Sterling edged down versus the euro and was unchanged against the dollar as investors awaited economic data on both sides of ...

BOE launches special committee to discuss evaluations

The Cumberland County Board of Education developed a special committee to address the board and school director evaluations. Shannon Stout, 9th District; Anita Hale, 4th District; and Scott VanWinkle, ...