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Bloomberg Daybreak: Asia Edition
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The Prime Minister's Top Priority Is Inflation by the End of the Year
John Glenn is a minister in the Treasury Department and his was here's his take on where the inflation challenges lie now. What I'm doing is controlling public spending to make sure that we don't do anything that adds fuel to inflation, he says. We're going to be relentless in our commitment to have inflation and get it down to the long term trend 2%. But are you going to do anything actively to reach your number one target of having inflation by the end of the year?
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