BOE's Greene: I am not thinking about rate cuts

<ul><li>Latest inflation data is good news</li><li>But there are reasons to worry about inflation persistence</li><li>We might need to stay restrictive for longer</li><li>UK wage growth is still incredibly high</li><li>Need to see how UK activity is holding up before next rate vote</li></ul><p>Given that there is still some ways before inflation gets towards the 2% target, we shouldn't expect policymakers to change their language any time soon.</p>

This article was written by Justin Low at www.forexlive.com.