Risk Management

UK’s Hunt: We will put public finances on sustainable path

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British finance minister Jeremy Hunt reiterated on Friday, “we will put public funds on a sustainable course as we develop the economy.”

Additional quotes
“Strong public budget are the basis of a sturdy economy. To stabilize markets.”

“We will do some thing is fundamental to get force down debt in the medium time period and to make sure that taxpayers’ cash is nicely spent.”

Market reaction
The pound finds little respite from Hunt’s comments, as GBP/USD drops 0.38% on the day at 1.1188, as of writing.

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