# Bank of England’s Greene Challenges Wage Benchmark

> Megan Greene questions Bank of England’s 3.25% wage growth target ahead of November rate decision.
- Title: Bank of England’s Greene Challenges Wage Benchmark · TokenPost
- Summary: Megan Greene questions Bank of England’s 3.25% wage growth target ahead of November rate decision. Bank of England Monetary Policy Committee member Megan…
- Keywords: bank of england, monetary policy committee, wage growth, interest rate, megan greene, november meeting, crypto, finance, Bank, England, Greene, Challenges
- Source: TokenPost — https://tokenpost.com/news/regulation/36350
- Published: 2026-10-21T04:50:26+00:00
- Read time: 1 min
- Topics: bank of england, monetary policy committee, wage growth, interest rate, megan greene, november meeting, crypto, finance
## Megan Greene questions wage benchmark
Bank of England Monetary Policy Committee member Megan Greene questioned the bank’s estimate of pay growth consistent with its 2% inflation target.
## 3.25% wage growth target
The bank’s longer-term estimate puts target-consistent pay growth at about 3.25% and Greene raised concerns about that benchmark.
## November rate decision
Bank Rate stands at 3.75% and UK inflation was 3.1% above the bank’s target as committee members assess inflation pressure ahead of next decision.
## Key takeaway

Bank of England Monetary Policy Committee member Megan Greene raised concerns about the bank’s 3.25% wage growth estimate before November’s interest rate decision.