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UK’s Hunt: We can win the battle against inflation

Commenting on the inflation data, UK Finance Minister, Jeremy Hunt, said, “we can win the battle against inflation.”

Additional quotes

“Bank of England (BoE) has taken difficult decisions.”

“We are seeing the first fruits of the difficult decision but a long way to go.”

Market reaction

GBP/USD is off the lows but remains 0.58% lower on the day at 1.2957, at the time of writing.

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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