BoE's Greene says policymakers must act before second-round inflation effects take hold

Bank of England policymaker Megan Greene says policymakers must act before second-round inflation effects take hold, warning that waiting would be too late. She says second-round effects won't appear until early next year, that the biggest risk is not being restrictive enough, and that premature rate hikes are less of a concern.

Detected & updated continuously · Source: Nebula