UK’s Rees-Mogg Right response to inflation is tight monetary and constrained fiscal policies

Britain's Minister for Brexit opportunities, Jacob Rees-Mogg, said Friday, the right response to inflation is tight monetary policy and constrained fiscal policy.

When asked if cuts to civil jobs were a return to austerity, he said, “I don't think it is, because what is being done is getting back to the efficiency levels we had in 2016. That's a perfectly reasonable and sensible ambition."

"The administration, the negotiations, most of the work in relation to Brexit has been completed,” Rees-Mogg added.

USD/CAD to reach 1.31 before retracing towards 1.27 by year-end – CIBC

The slide in CAD in recent weeks reflects a broadly stronger greenback. Economists at CIBC Capital Markets think the loonie will follow broad USD sent
Mehr darüber lesen Previous

USD/RUB stays pressed around two-year low under 65.00 ahead of US/Russia statistics

USD/RUB remains pressured towards the lowest levels since February 2020, marked the previous day, as DXY pullback joins cautious optimism and firmer o
Mehr darüber lesen Next