has been brought under control. after the rate of price rises dropped to its lowest level in two and a half years. mr hunt said the uk economy had now turned a corner but labour said families were worse—off after 14 years of conservative government. 0ur economics editor, faisal islam, reports. i think all central banks have a very difficultjob. the chancellor, jeremy hunt, is talking up the british economy here in the us to anyone he can see — from investors to fellow finance ministers and bankers. many commentators think we may still hit the bank of england's target in the next couple of months. and what that says is that the very difficult decisions that we took when inflation was over 11% have borne fruit. and we now need to stick with that approach, which is clearly working. but mobile broadband prices are going up. living costs, housing... that's going up, too. it's still quite tough for people out there. it is very tough. and we've been through a very tough period. jeremy hunt now says that the uk economy has achieved a soft landing — that inflation has been brought to target without unemployment

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