No-Deal Brexit Is a Significant Probability, Rabobank's Foley Says

The video discusses the potential impacts of Brexit on the UK economy, focusing on the pound, interest rates, and inflation. It highlights the uncertainty surrounding Brexit outcomes, including the possibility of a no-deal scenario and its implications for UK businesses. The discussion also covers the Bank of England's potential responses, such as interest rate adjustments and quantitative easing, in reaction to economic changes. The video concludes with an analysis of inflation expectations and the conditions under which interest rates might rise.

What is a significant factor influencing the Tory leadership's stance on Brexit?

• The influence of the US government

• The success of the Labour Party

• The outcome of the European elections

• The economic growth of the UK

What might the Bank of England do in response to a hard Brexit?

• Implement trade barriers

• Cut interest rates

• Raise public spending

• Increase taxes

What could potentially trigger quantitative easing in the UK?

• An increase in foreign investments

• A significant global slowdown

• A decrease in government debt

• A rise in housing prices

What is a prerequisite for the Bank of England to consider raising interest rates?

• A decrease in unemployment

• A rise in inflation expectations

• A stable currency value

• A decline in global oil prices

What might the Bank of England look through if inflation expectations remain stable?

• A rise in unemployment

• A drop in sterling

• An increase in exports

• A decrease in interest rates