Bank of England Policymaker Megan Greene Warns Against Following Federal Reserve Rate Cuts

Bank of England official Megan Greene cautioned that wage growth remains too high. She noted that Federal Reserve loosening could push UK inflation higher.

Insights:
Megan Greene megan greene, a policymaker at the Bank of England, delivered a speech to the Resolution Foundation think tank on Friday, January 23, 2026. She expressed concern that businesses in the United Kingdom GBGBintend to raise wages by 3.5% in 2026, a level she believes exceeds what is consistent with the central bank’s 2% inflation target. This comes amid broader economic shifts affecting the British Pound / US Dollar exchange rate and the performance of the FTSE 100 .
FILE PHOTO: The Bank of England building in London, Britain, November 6, 2025. REUTERS/Maja Smiejkowska//File Photo
FILE PHOTO: The Bank of England building in London, Britain, November 6, 2025. REUTERS/Maja Smiejkowska//File Photo
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