BoE Greene Warns on Bond Yield Reliance
Bank of England policymaker Megan Greene cautioned that relying on high bond yields to control inflation is dangerous. Speaking in Cape Town, she urged the central bank to take direct action rather than assuming markets will do the work.
MPC member Megan Greene said the United Kingdom central bank should stop relying on high bond yields to tame inflation. Greene warned that market-driven restraint is insufficient as price pressures persist. Her comments challenge leadership strategy ahead of next month's crucial policy vote.
