Global Market: BoE's Megan Greene says UK interest rates may not be restrictive enough

· economictimes.indiatimes.com

Bank of England policymaker Megan Greene said the IMFs upward revision to the UKs economic growth forecast supports her view that monetary policy remains insufficiently restrictive. She warned that delaying interest rate hikes could prolong inflationary pressures, highlighting divisions among policymakers over balancing inflation control against economic growth and borrowing costs.

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