• UK Chancellor Hunt: The bank took action in line with their goal of returning inflation to target

Noticias del mercado

3 noviembre 2022

UK Chancellor Hunt: The bank took action in line with their goal of returning inflation to target

Responding to the Bank of England (BoE) policy decision, UK Chancellor Jeremy Hunt said, “today, the bank took action in line with their goal of returning inflation to target.”

Additional comments

"The government’s number one priority is to grip inflation."

"There are no easy options and we will need to take difficult decisions on tax and spending."

Market reaction

GBP/USD is licking its wounds around 1.1240, down 1.32% on the day. All eyes remain on Governor Andrew Bailey’s press conference.

Enfoque del mercado
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