LONDON (Reuters) -Britain's finance ministry said on Thursday it had reappointed Bank of England policymaker Megan Greene to a second three-year term on the central bank's rate-setting Monetary Policy
UK government reappoints Bank of England's Greene to second MPC term
Megan Greene's Role and Impact
LONDON (Reuters) -Britain's finance ministry said on Thursday it had reappointed Bank of England policymaker Megan Greene to a second three-year term on the central bank's rate-setting Monetary Policy Committee (MPC).
Importance of Stability
"Her reappointment provides welcome stability at a crucial time, and I fully support the Bank of England in bringing inflation down. I am confident that Megan's skills and background in financial markets will remain an asset to the MPC," finance minister Rachel Reeves said.
Concerns Over Inflation
Greene voted against the BoE's most recent interest rate cut in August due to worries about high inflation and said on Tuesday she was concerned about the scale of wage increases that businesses were planning for 2026.
New Term Details
Greene's new term runs until July 4, 2029.
(Reporting by David Milliken; editing by William James)
