UK's Hunt wants 'sustainably low interest rates'
- Country:
- United Kingdom
British finance minister Jeremy Hunt said he wanted "sustainably low interest rates" when asked about the Bank of England's decision on Thursday to hold rates at 5.25%.
"What we want is sustainably low interest rates," Hunt told reporters.
"I would much rather that they waited until they're absolutely sure inflation is on a downward trajectory than rushed into a decision that they had to reverse at a later stage."
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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