Bank of England's Green: Justification for Divergent Policy from Fed

A member of the Bank of England's Monetary Policy Committee, Green, has stated that the Bank of England has ample justification to adopt a policy completely opposite to that of the Federal Reserve. According to Jin10, this statement highlights the differing economic conditions and policy approaches between the UK and the US. The Bank of England's stance reflects its assessment of the UK's unique economic challenges and priorities, which may require a distinct monetary policy strategy compared to the US Federal Reserve.