BOE’s Greene Says US Tariffs Pose Disinflation Risks for UK
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Megan Greene, one of the Bank of England’s most hawkish policymakers, said Donald Trump’s wave of global tariffs is more likely to weigh on prices in the UK than it is to stoke higher inflation.
In an interview with Bloomberg TV on Tuesday, Greene said she has been on the cautious side of the BOE’s rate-setting panel due to lingering concerns over supply-side restraints, high wage growth and persistent inflation in the services sector.