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FED’S DALY: POLICY ADJUSTMENTS LIKELY WARRANTED AT SOME POINT

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PM Sunak: Economic Stability & Confidence At Heart Of Gov't Agenda

UK

PM Rishi Sunak delivers his first statement in office from Downing St.

  • Sunak: "Right now our country is facing a profound economic crisis....there will be difficult decisions to come".
  • On Truss gov't: "Some mistakes were made...not borne of ill will or bad intentions, but mistakes nonetheless. I have been elected in part to fix them."
  • Sunak: “I will place economic stability and confidence at the heart of this government’s agenda. This will mean difficult decisions to come. But you saw me during Covid doing everything to protect people… I promise you this, I will bring that same compassion”.
  • Sunak: I will deliver on promise of 2019 manifesto...This government will have integrity, professionalism and accountability at every level...I fully appreciate how hard things are. And I understand too that I have work to do to restore trust after all that has happened. All I can say is that I am not daunted. I know the high office I’ve accepted and I hope to live up to its demands.”
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Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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