BoE's Greene says she is more worried about the risks from higher inflation than slower demand from this shock

BoE Deputy Governor Greene's focus on inflation risks suggests a hawkish stance, prioritizing inflation control over potential slowing demand. This may signal a shift in the Bank's policy considerations, potentially influencing interest rate expectations as markets reassess the trajectory of monetary tightening. The implications could be significant for GBP strength and fixed income yields ahead of future BoE meetings.