Chancellor comfortable with recession if it brings down inflation

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Chancellor comfortable with recession if it brings down inflation
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The chancellor says he feels an obligation to support the Bank of England in its decisions, as a way of ensuring prosperity and economic growth.

Jeremy Hunt has told Sky News he is comfortable with Britain being plunged into recession if that's what it takes to bring down inflation.

Asked by Sky News whether he was"comfortable with the Bank of England doing whatever it takes to bring down inflation, even if that potentially would precipitate a recession", he said:"Yes, because in the end, inflation is a source of instability.

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