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BoE's Greene warns against relying on high bond yields to curb inflation
Original: 'Dangerous' for BoE to rely on high bond yields to control inflation, MPC's Greene says
Bank of England Monetary Policy Committee member Megan Greene said it would be 'dangerous' for the Bank to rely on elevated bond yields as a tool for controlling inflation. Her comments were carried widely by news outlets including Reuters and regional US papers, drawing attention to the debate over how tightly the central bank should manage gilt market conditions while still fighting persistent price growth.
Why now: Greene's comments touch the live debate over Bank of England policy as markets and policymakers weigh how high interest rates and yields should stay.
Bank of EnglandMegan GreeneMonetary Policy Committee
Evidence
- 'Dangerous' for BoE to rely on high bond yields to control inflation, MPC's Greene says · Reuters
- 'Dangerous' for BoE to rely on high bond yields to control inflation, MPC's Greene says · Merced Sun-Star
- 'Dangerous' for BoE to rely on high bond yields to control inflation, MPC's Greene says · San Luis Obispo Tribune
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