Megan Greene MPC appointment approved by Treasury Committee

Joins MPC on 5 July

The Treasury Committee today (14 June) approved Megan Greene’s appointment to the Bank of England’s Monetary Policy Committee.

Following her pre-appointment hearing yesterday (13 June), the committee said it was "satisfied that Greene has the appropriate professional competence and personal independence for the role". Incoming BoE rate setter Greene warns high inflation will be hard to fix Greene, who will sit as an external member, was revealed as the new MPC member in April by Chancellor of the Exchequer Jeremy Hunt. She will begin her three-year term on 5 July, replacing current external member Silvana Tenreyro, who has sat on the MPC since July 2017. In her pre-appointment session, Greene said t...