Who’s buying? The outlook for consumption in a rate cutting cycle − speech by Megan Greene

Given at The North East Chambers of Commerce, Newcastle
Published on 25 September 2024
In these remarks, Megan Greene analyses the weaker consumption and higher savings rates that have characterised the UK economy in recent years. She considers how they may evolve as UK interest rates fall, what this means for her policy stance and how to account for uncertainty in determining a policy path going forward.

Who’s buying? The outlook for consumption in a rate cutting cycle

Q&A transcript

Megan Greene

Member of the Monetary Policy Committee

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