What Hunt Actually Said About Inflation and Recession

Asked by Sky News if he was comfortable with the Bank of England doing whatever was needed to bring down inflation, even if that could cause a recession, Hunt replied…

“Yes, because in the end, inflation is a source of instability. If we want to have prosperity, if we want to grow the economy, if we want to reduce the risk of recession, we have to support the Bank of England in the difficult decisions that they take.”

mdi-timer May 26 2023 @ 11:20 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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