BoE MPC member Greene: proactive tightening appropriate to guard against wage growth persistence

Greene's framing matters less for the rate level than for the reaction function it reveals: a preference for moving ahead of wage dynamics rather than waiting for evidence they have already fed through. That puts her at the hawkish end of the committee, so the signal to watch is whether her language is echoed by other MPC members or remains a minority view. The persistence question is the real crux — if wage growth is treated as entrenched rather than transitory, the bar for easing shifts, which is what UK rate-sensitive assets are effectively pricing against.