ICYMI – UK Chancellor Hunt said working with Bank of England to bring inflation back to 2%

<p>The UK's finance minister Jeremy Hunt gave a speech alongside Bank of England Governor Andrew Bailey at the City of London's annual Mansion House dinner on Monday evening UK time.</p><p>Greg had the details of Bailey's speech:</p><ul><li><a href="https://www.forexlive.com/centralbank/boes-bailey-uk-inflation-is-unacceptably-high-but-expected-to-decrease-significantly-20230710/" target="_blank" rel="follow" data-article-link="true">BOE's Bailey: UK inflation is unacceptably high, but expected to decrease significantly</a></li></ul><p>Hunt fell into line, saying the UK government will be:</p><ul><li>"Working with the Governor and the Bank of England, we will do what is necessary for as long as necessary to tackle inflation persistence and bring it back to the 2% target"</li><li>"Delivering sound money is our number one focus"</li></ul><p>Much of Hunt's speech focused on pension reform. </p><p> UK Chancellor Hunt</p>

This article was written by Eamonn Sheridan at www.forexlive.com.