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The Latest Breaking News from Megan Greene

Interest rates live updates: Bank of England base rate cut to help slash mortgage bills

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

The Independent UK

Central banks must resist pressure for early rate cuts, says IMF head

Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growth

The Guardian - UK

ECB leaves eurozone interest rates on hold but hints at cut this summer – as it happened

European Central Bank says rate cuts would be appropriate if inflation keeps falling, as BoE policymaker Megan Greene argues UK rate cuts are a way off

The Guardian - UK

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Democratic veterans from 2 decades of budget wars say the national debt isn't worth holding the U.S. and global economy 'hostage'

"If the future is what you care about, then doing things that hurt the future doesn't make sense.”

Fortune

Economist who lambasted Brexit and Liz Truss joins Bank of England

New member of Bank’s Monetary Policy Committee believes ‘Brexit is bad for the UK’

The Independent UK

Megan Greene to join BoE’s monetary policy committee

Global chief economist at Kroll will join the MPC as an external member on a three-year term from 5 July

The Guardian - UK

Near 'cliff's edge,' Credit Suisse not seen as systemic risk

Longtime troubles at Credit Suisse have come to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the U.S. to Europe

The Independent UK

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Lots of sound and fury on US debt, but not a crisis — yet

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis point

The Independent UK

Will the Fed cause a recession by raising rates? Here’s what experts are saying

High inflation comes with a heavy economic price, but so can the Federal Reserve’s attempts to get it under control.

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