Bank of England’s Megan Greene reappointed to rate-setting committee

Investing.com -- Bank of England policymaker Megan Greene has been reappointed to a second three-year term on the central bank’s Monetary Policy Committee (MPC), Britain’s finance ministry announced Thursday.

Greene’s new term will run until July 4, 2029, providing continuity in the rate-setting body that determines the UK’s interest rate policy.

Finance Minister Rachel Reeves expressed support for the reappointment, stating that it "provides welcome stability at a crucial time." Reeves added that she fully supports the Bank of England’s efforts to bring down inflation and is "confident that Megan’s skills and background in financial markets will remain an asset to the MPC."

Greene has recently taken a more hawkish stance on monetary policy. She voted against the Bank of England’s most recent interest rate cut in August, citing concerns about high inflation. On Tuesday, Greene also expressed worry about the scale of wage increases that businesses were planning for 2026.

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