BOE’s Greene: I tend to favor a gradualist approach to cutting rates

Risks to growth in the UK are two-wayWouldn’t put too much weight on the latest fall in UK CPI as it may be driven by volatile componentsSigns of inflation persistence are going in the right direction but it’s a question of speed

Greene wrote yesterday about a cautious and gradual approach to easing.

This article was written by Adam Button at www.forexlive.com.