UK's Javid: Believes that inflation rise is temporary

Author: Justin Low | Category: News

The typical knee-jerk response

Looks like Javid still is having a hard time letting go of his finance minister post (held that for less than a year until February last year), as he is still remarking on inflation even as health minister currently.

In any case, this is the typical response you'd expect from policymakers/lawmakers but even so, I reckon there's a good case for a more hawkish tilt by the BOE next week.

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