BoE’s Greene says price pressures still too high, inflation expectations rising

LONDON (Reuters) -Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were moving in the right direction but remained too high and that she was worried about rising public inflation expectations.

“What’s a little bit more worrisome for me is that medium-term inflation expectations have also started picking up,” Greene said in a panel discussion during a conference at King’s Business School.

Last week, Greene voted with the majority when the BoE’s Monetary Policy Committee cut interest rates by a quarter of a percentage point for the fourth time since last August.

(Reporting by David MillikenWriting by William Schomberg; editing by Suban Abdulla)