Megan Greene
@economistmeg.bsky.social
External MPC Member, Bank of England; Senior Fellow, Chatham House; Senior Fellow, Brown University; Red Sox fan. All opinions mine.
I joined @RitikaGuptaTV on @CNBC yesterday to discuss my views on the U.K. economy, the budget, risks to inflation and rates. www.cnbc.com/video/2025/1...
Persistent inflation may delay rate cuts, says Bank of England rate-setter
Megan Greene, external member of the Monetary Policy Committee at the Bank of England discusses her inflationary outlook for the forthcoming months, the impact of the UK budget on monetary policy, and...
www.cnbc.com
December 2, 2025 at 3:13 PM
I joined @RitikaGuptaTV on @CNBC yesterday to discuss my views on the U.K. economy, the budget, risks to inflation and rates. www.cnbc.com/video/2025/1...
Reposted by Megan Greene
Brexit hit productivity and lowered the economy’s non-inflationary “speed limit,” Greene ( @economistmeg.bsky.social ) said. Undoing some of the damage by rebuilding EU relations would lift Britain’s growth potential, enabling more activity without triggering price rises.
Closer UK-EU Ties Would Help Inflation Fight, BOE’s Greene Says
An improved UK relationship with the European Union would help the Bank of England keep inflation under control, BOE policymaker Megan Greene said.
www.bloomberg.com
October 16, 2025 at 8:35 PM
Brexit hit productivity and lowered the economy’s non-inflationary “speed limit,” Greene ( @economistmeg.bsky.social ) said. Undoing some of the damage by rebuilding EU relations would lift Britain’s growth potential, enabling more activity without triggering price rises.
Reposted by Megan Greene
I'm in @opinion.bloomberg.com today talking about three "partial truths" in the US economic narrative. "Partial truths" are not myths--they have more than a kernel of fact behind them--but they demand caution, asterisks, and grains of salt.
www.bloomberg.com/op...
1/9
www.bloomberg.com/op...
1/9
AI’s Effect on the US Economy Is Exaggerated
Sometimes there are economic narratives that don’t quite deserve a debunking — they have more than a kernel of truth to them — but rather demand an appropriate level of skepticism. Three such stories are widespread today.
www.bloomberg.com
October 15, 2025 at 12:12 PM
I'm in @opinion.bloomberg.com today talking about three "partial truths" in the US economic narrative. "Partial truths" are not myths--they have more than a kernel of fact behind them--but they demand caution, asterisks, and grains of salt.
www.bloomberg.com/op...
1/9
www.bloomberg.com/op...
1/9
Reposted by Megan Greene
For our first panel at #TheBodrumRT Milica Delević, @economistmeg.bsky.social, @erik-jones.bsky.social & Denis Redonnet examined “Global economic fragmentation”, chaired by @cergrant.bsky.social
October 12, 2025 at 7:35 AM
For our first panel at #TheBodrumRT Milica Delević, @economistmeg.bsky.social, @erik-jones.bsky.social & Denis Redonnet examined “Global economic fragmentation”, chaired by @cergrant.bsky.social
My column on supply shocks, now with the chart that the FT inadvertently omitted: www.ft.com/content/c774...
Central banks need to learn lessons about supply shocks
We now know that the inflation that often follows can be persistent rather than transitory
www.ft.com
October 9, 2025 at 2:11 PM
My column on supply shocks, now with the chart that the FT inadvertently omitted: www.ft.com/content/c774...
The conventional wisdom that central banks should look through negative supply shocks needs updating. I use our recent experiences with supply shocks to draw lessons about how they hit the economy and how central banks should respond to them. www.ft.com/content/c774...
Central banks need to learn lessons about supply shocks
We now know that the inflation that often follows can be persistent rather than transitory
www.ft.com
October 9, 2025 at 7:02 AM
The conventional wisdom that central banks should look through negative supply shocks needs updating. I use our recent experiences with supply shocks to draw lessons about how they hit the economy and how central banks should respond to them. www.ft.com/content/c774...
I gave a speech at @UofGlasgow on the lessons we have learned from recent supply shocks and how to respond to them. The conventional wisdom is to look through them. I think we need to reconsider this. www.bankofengland.co.uk/speech/2025/...
The Supply Side Demands More Attention − speech by Megan Greene
Given at the Adam Smith Business School, University of Glasgow
www.bankofengland.co.uk
September 24, 2025 at 9:30 PM
I gave a speech at @UofGlasgow on the lessons we have learned from recent supply shocks and how to respond to them. The conventional wisdom is to look through them. I think we need to reconsider this. www.bankofengland.co.uk/speech/2025/...
“I’ve seen what happens when a country messes with data.” www.nytimes.com/2025/08/19/o...
By Andreas Georgiou, the former head of the Greek stats agency who was subjected to 7 criminal and civil legal cases for reporting Greece’s stats accurately.
By Andreas Georgiou, the former head of the Greek stats agency who was subjected to 7 criminal and civil legal cases for reporting Greece’s stats accurately.
Opinion | I’ve Seen What Happens When a Country Messes With Data. America, Beware.
www.nytimes.com
August 19, 2025 at 10:36 AM
“I’ve seen what happens when a country messes with data.” www.nytimes.com/2025/08/19/o...
By Andreas Georgiou, the former head of the Greek stats agency who was subjected to 7 criminal and civil legal cases for reporting Greece’s stats accurately.
By Andreas Georgiou, the former head of the Greek stats agency who was subjected to 7 criminal and civil legal cases for reporting Greece’s stats accurately.
Reposted by Megan Greene
#WeekendWatching 📺
Did you miss our Public Lecture with MPC member @economistmeg.bsky.social on Central Bank balance sheets earlier in the week?!?
NO panic ❗️ You can watch it back here ⬇️😉
#CentralBanks
#MonetaryPolicy
#UKeconomy
Did you miss our Public Lecture with MPC member @economistmeg.bsky.social on Central Bank balance sheets earlier in the week?!?
NO panic ❗️ You can watch it back here ⬇️😉
#CentralBanks
#MonetaryPolicy
#UKeconomy
Public Lecture with Megan Greene: Monetary Policy Implications of Differences in Central Bank Balance Sheet Management - NIESR
In this speech, Megan will examine the differences in how the Bank of England, ECB and Federal Reserve are managing their balance sheets, whether they provide financial arbitrage opportunities for…
niesr.ac.uk
June 29, 2025 at 10:48 AM
#WeekendWatching 📺
Did you miss our Public Lecture with MPC member @economistmeg.bsky.social on Central Bank balance sheets earlier in the week?!?
NO panic ❗️ You can watch it back here ⬇️😉
#CentralBanks
#MonetaryPolicy
#UKeconomy
Did you miss our Public Lecture with MPC member @economistmeg.bsky.social on Central Bank balance sheets earlier in the week?!?
NO panic ❗️ You can watch it back here ⬇️😉
#CentralBanks
#MonetaryPolicy
#UKeconomy
I gave a speech today at @NIESRorg looking at how the BoE, ECB and Fed manage their balance sheets, whether the differences bw them create trading opportunities for banks to book profits and whether I need to worry about this as an MPC member.👇
b-o-e.uk/44dbxCb
b-o-e.uk/44dbxCb
A feature not a bug − speech by Megan Greene
Speech given at the National Institute of Economic and Social Research
b-o-e.uk
June 24, 2025 at 2:57 PM
I gave a speech today at @NIESRorg looking at how the BoE, ECB and Fed manage their balance sheets, whether the differences bw them create trading opportunities for banks to book profits and whether I need to worry about this as an MPC member.👇
b-o-e.uk/44dbxCb
b-o-e.uk/44dbxCb
Reposted by Megan Greene
Our Public Lecture with @economistmeg.bsky.social on Central Bank balance sheets has just started, introduced by @econstevem.bsky.social 📈
#CentralBanks
#BankOfEngland
#MonetaryPolicy
niesr.ac.uk/event/public...
#CentralBanks
#BankOfEngland
#MonetaryPolicy
niesr.ac.uk/event/public...
June 24, 2025 at 9:49 AM
Our Public Lecture with @economistmeg.bsky.social on Central Bank balance sheets has just started, introduced by @econstevem.bsky.social 📈
#CentralBanks
#BankOfEngland
#MonetaryPolicy
niesr.ac.uk/event/public...
#CentralBanks
#BankOfEngland
#MonetaryPolicy
niesr.ac.uk/event/public...
Reposted by Megan Greene
UPCOMING EVENT: Public Lecture with @bankofengland.bsky.social's Megan Greene 💬 @economistmeg.bsky.social
"Monetary Policy Implications of Differences in Central Bank Balance Sheet Management"
⏰ 24 June, 10:30-11:30
📌 NIESR offices, Westminster
Sign up to attend 👇
niesr.ac.uk/event/public...
"Monetary Policy Implications of Differences in Central Bank Balance Sheet Management"
⏰ 24 June, 10:30-11:30
📌 NIESR offices, Westminster
Sign up to attend 👇
niesr.ac.uk/event/public...
Public Lecture with Megan Greene: Monetary Policy Implications of Differences in Central Bank Balance Sheet Management - NIESR
In this speech, Megan will examine the differences in how the Bank of England, ECB and Federal Reserve are managing their balance sheets, whether they provide financial arbitrage opportunities for...
niesr.ac.uk
May 30, 2025 at 10:30 AM
UPCOMING EVENT: Public Lecture with @bankofengland.bsky.social's Megan Greene 💬 @economistmeg.bsky.social
"Monetary Policy Implications of Differences in Central Bank Balance Sheet Management"
⏰ 24 June, 10:30-11:30
📌 NIESR offices, Westminster
Sign up to attend 👇
niesr.ac.uk/event/public...
"Monetary Policy Implications of Differences in Central Bank Balance Sheet Management"
⏰ 24 June, 10:30-11:30
📌 NIESR offices, Westminster
Sign up to attend 👇
niesr.ac.uk/event/public...
“At the end of the day, your integrity is all you have. Guard it wisely.” Nice commencement speech by Jay Powell at Princeton. www.federalreserve.gov/newsevents/s...
Baccalaureate remarks by Chair Powell at the Princeton University Baccalaureate Ceremony
Thank you, President Eisgruber, for the opportunity to speak here today. Congratulations to the Princeton University class of 2025 on the tremendous achievemen
www.federalreserve.gov
May 26, 2025 at 10:55 AM
“At the end of the day, your integrity is all you have. Guard it wisely.” Nice commencement speech by Jay Powell at Princeton. www.federalreserve.gov/newsevents/s...
Here’s how I’m thinking through some of the channels of tariff propagation through the U.K. economy. Exchange rates are important—and they haven’t moved as the theory would suggest. My latest in @FT www.ft.com/content/cd50...
Uncertainty remains the only certainty for UK on tariffs
If the dollar were to weaken further, the drag on growth and inflation would probably be larger
www.ft.com
April 25, 2025 at 12:04 PM
Here’s how I’m thinking through some of the channels of tariff propagation through the U.K. economy. Exchange rates are important—and they haven’t moved as the theory would suggest. My latest in @FT www.ft.com/content/cd50...
Was a pleasure to join @flacqua on @BloombergTV today to discuss the potential impact of tariffs on the UK (depends partly on exchange rates), other sources of uncertainty for the UK inflation outlook and the importance of central bank independence. www.youtube.com/watch?v=3Nan...
Trump Tariffs: Why BOE Rate-Setter Megan Greene Sees Disinflation Risk
YouTube video by Bloomberg Television
www.youtube.com
April 22, 2025 at 1:53 PM
Was a pleasure to join @flacqua on @BloombergTV today to discuss the potential impact of tariffs on the UK (depends partly on exchange rates), other sources of uncertainty for the UK inflation outlook and the importance of central bank independence. www.youtube.com/watch?v=3Nan...
Surprised CD’s are even still on the chart… h/t @chartdaily
April 7, 2025 at 8:36 PM
Surprised CD’s are even still on the chart… h/t @chartdaily
Reposted by Megan Greene
Just check out this banger chart from the indispensable work by Barry Eichengreen, Arnaud Mehl and Livia Chitu.
Countries that rely on the US for military protection hold a much higher fraction of their foreign exchange reserves in U.S. dollars.
They show similar patterns for historical data.
Countries that rely on the US for military protection hold a much higher fraction of their foreign exchange reserves in U.S. dollars.
They show similar patterns for historical data.
March 2, 2025 at 9:53 PM
Just check out this banger chart from the indispensable work by Barry Eichengreen, Arnaud Mehl and Livia Chitu.
Countries that rely on the US for military protection hold a much higher fraction of their foreign exchange reserves in U.S. dollars.
They show similar patterns for historical data.
Countries that rely on the US for military protection hold a much higher fraction of their foreign exchange reserves in U.S. dollars.
They show similar patterns for historical data.
Reposted by Megan Greene
CDU/CSU &SPD have just proposed a sea change in German fiscal policy:
- defence spending above 1% of GDP exempt from debt brake
- 10-year €500bn special fund for infrastructure
- looser debt rules for states
- further debt-brake reform in new Bundestag
- defence spending above 1% of GDP exempt from debt brake
- 10-year €500bn special fund for infrastructure
- looser debt rules for states
- further debt-brake reform in new Bundestag
March 4, 2025 at 6:40 PM
CDU/CSU &SPD have just proposed a sea change in German fiscal policy:
- defence spending above 1% of GDP exempt from debt brake
- 10-year €500bn special fund for infrastructure
- looser debt rules for states
- further debt-brake reform in new Bundestag
- defence spending above 1% of GDP exempt from debt brake
- 10-year €500bn special fund for infrastructure
- looser debt rules for states
- further debt-brake reform in new Bundestag
Reposted by Megan Greene
Deutsche Bank not holding back in describing how important Germany's deal to lift is debt brake is: www.ft.com/content/1886...
March 5, 2025 at 10:03 AM
Deutsche Bank not holding back in describing how important Germany's deal to lift is debt brake is: www.ft.com/content/1886...
Reposted by Megan Greene
One of the FT’s biggest UK reporting jobs was posted this week
Chief UK Business Correspondent
job-boards.eu.greenhouse.io/financialtim...
Chief UK Business Correspondent
job-boards.eu.greenhouse.io/financialtim...
Job Application for Chief UK Business Correspondent at Financial Times
job-boards.eu.greenhouse.io
December 6, 2024 at 8:00 AM
One of the FT’s biggest UK reporting jobs was posted this week
Chief UK Business Correspondent
job-boards.eu.greenhouse.io/financialtim...
Chief UK Business Correspondent
job-boards.eu.greenhouse.io/financialtim...
Reposted by Megan Greene
New fintwit is in danger of becoming a sausage fest like old fintwit so here are some LADIES on a list for you to follow. I made it in my sick bed so 1: sympathy please and 2: tell me who I missed
bsky.app/profile/did:...
bsky.app/profile/did:...
November 27, 2024 at 7:55 AM
New fintwit is in danger of becoming a sausage fest like old fintwit so here are some LADIES on a list for you to follow. I made it in my sick bed so 1: sympathy please and 2: tell me who I missed
bsky.app/profile/did:...
bsky.app/profile/did:...
Reposted by Megan Greene
I’m contractually obligated to tell you guys the Boston Red Sox added Jhoestynxon Garcia to their 40-man roster and his nickname is “The Password.”
November 20, 2024 at 1:14 AM
I’m contractually obligated to tell you guys the Boston Red Sox added Jhoestynxon Garcia to their 40-man roster and his nickname is “The Password.”
Reposted by Megan Greene
Reminder that there’s an excellent webinar tomorrow on the future of inflation — @economistmeg.bsky.social is involved and that’s usually all the suasion one needs. Tomorrow at 1.30pm EST / 6.30pm GMT
www.lse.ac.uk/european-ins...
www.lse.ac.uk/european-ins...
The future of inflation
6.30pm Monday 18 Nov | Boris Vujčić, Iain Begg | Registration Required | Free hybrid public event at the LSE
www.lse.ac.uk
November 18, 2024 at 4:10 AM
Reminder that there’s an excellent webinar tomorrow on the future of inflation — @economistmeg.bsky.social is involved and that’s usually all the suasion one needs. Tomorrow at 1.30pm EST / 6.30pm GMT
www.lse.ac.uk/european-ins...
www.lse.ac.uk/european-ins...
I’m speaking alongside Boris Vujčić (Governor of the Croatian National Bank) at the LSE next Monday on the future of inflation. Details to register are here: www.lse.ac.uk/european-ins...
The future of inflation
6.30pm Monday 18 Nov | Boris Vujčić, Iain Begg | Registration Required | Free hybrid public event at the LSE
www.lse.ac.uk
November 13, 2024 at 10:05 AM
I’m speaking alongside Boris Vujčić (Governor of the Croatian National Bank) at the LSE next Monday on the future of inflation. Details to register are here: www.lse.ac.uk/european-ins...
I sat down with the Atlantic Council last week at the IMF/WB meetings to talk about the U.K. economy and my views on the balance of risks. The full discussion is here: m.youtube.com/watch?v=uNcs...
The Bank of England's Megan Greene on the bank's first rate cut in four years
YouTube video by AtlanticCouncil
m.youtube.com
October 28, 2024 at 8:36 AM
I sat down with the Atlantic Council last week at the IMF/WB meetings to talk about the U.K. economy and my views on the balance of risks. The full discussion is here: m.youtube.com/watch?v=uNcs...