Speaking to News in Washington, Mr. Hunt cited the most recent job data, IMF growth forecasts, and price increase data from today that show a decline in the pace of inflation.
Hunt stated, “I think the economy we are seeing has turned the corner; people are beginning to feel that.”
“That will persist for the whole of this year. However, he continued, “the UK economy’s fundamentals are, in fact, very solid.
The months of double-digit inflation last year have created a challenge for the cost of living, according to Mr. Hunt.
In an indication of the probable economic rhetoric from the Tories ahead of the upcoming general election, he insisted that “better times” would come by adhering to his economic plan and the Bank of England’s efforts to regulate interest rates.
