- UK’s Hunt: Economic outlook is looking brighter than expected
Market news
13 April 2023
UK’s Hunt: Economic outlook is looking brighter than expected
Commenting on the February GDP data, UK Finance Minister Jeremy Hunt said, “economic outlook is looking brighter than expected.”
“We are set to avoid recession thanks to steps we have taken,” Hunt added.
Market reaction
GBP/USD is keeping its range at around 1.2485 on the above comments, little impressed by the UK data flow.
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