Tighter monetary policy right response to inflation – UK minister

div classBodysc17zpet90 cdBBJodivpLONDON Reuters – Britains minister for Brexit opportunities, Jacob ReesMogg, said on Friday that a tighter monetary policy and constrained fiscal policy would be the right response to control inflation and help ease a costofliving crisis. p

p“The right responses are tighter monetary policy, which is the responsibility of the Bank of England, and constrained fiscal policy,” the proBrexit lawmaker told Times Radio. pdivdivdiv classBodysc17zpet90 cdBBJodiv

p“An emergency budget is not likely to be an answer to this. What is going to be an answer are essentially longterm measures combined with the immediate help thats been given to people who are particularly affected.” p

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pp Reporting by William James, writing by Muvija M editing by Michael Holdenp

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