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Macro

BoE MPC member Greene flags concern policy may not be restrictive enough

Bank of England Monetary Policy Committee member Greene said there is concern that the central bank’s policy stance is not sufficiently restrictive. Greene added that inflation expectations are anchored but remain above normal levels. The remarks point to continued caution within the MPC on the pace of easing.

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AI take

Greene's intervention matters less as a policy signal than as a marker of internal friction: with expectations anchored but still elevated, the case for calling the stance restrictive enough is contested inside the MPC itself. That keeps the easing path data-dependent rather than pre-committed, which is the relevant backdrop for rate-sensitive crypto and RWA markets that have priced in a smoother cutting cycle. Whether Greene's caution is echoed by other members is the open question.

Generated by AI for reference only.

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