Tighter monetary policy is the answer to inflation -British minister

LONDON (Reuters) – Britain’s minister for Brexit opportunities, Jacob Rees-Mogg, said on Friday that tighter monetary policy and tight fiscal policy would be the right answer to rein in inflation and help ease a cost crisis. life.

«The correct answers are tighter monetary policy, which is the responsibility of the Bank of England, and tight fiscal policy,» the pro-Brexit lawmaker told Times Radio.

«An emergency budget is not likely to be an answer to this. What is going to be an answer is essentially long-term measures combined with the immediate help that has been given to people who are particularly affected.»

(Reporting by William James; written by Muvija M; edited in Spanish by Benjamín Mejías Valencia)