• UK’s Truss: We're facing very difficult economic situation

Market news

18 May 2022

UK’s Truss: We're facing very difficult economic situation

UK Foreign Minister Liz Truss voiced her concerns over the country’s economic situation, in a statement on Wednesday.

Truss said that “we're facing a very difficult economic situation.”

Her comments come after the UK CPI reached 9% YoY in April, the highest since the modern series started in 1989.

Related reads

  • UK annualized inflation jumps 9% in April vs. 9.1% expected
  • GBP/USD retreats towards 1.2450 as UK inflation misses the mark
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.