Interview with Bank of England Governor Mark Carney

The video discusses the economic outlook, focusing on potential rate increases needed to control inflation, influenced by factors like Brexit. It highlights Brexit's impact on exchange rates and inflation, affecting real incomes. Business investment is analyzed, noting its growth is limited despite favorable conditions. The economy's growth pace has slowed, partly due to Brexit, affecting employment and necessitating cautious economic policies.

What is the expected number of rate increases needed to manage inflation over the next three years?

• No rate increases needed

• At least three rate increases

• At least two rate increases

• At least one rate increase

How has Brexit primarily affected the economy according to the video?

• By increasing unemployment

• By stabilizing the exchange rate

• By boosting business investment

• By causing a significant move in the exchange rate

What has been the effect of the exchange rate changes on inflation?

• It has decreased inflation to 1%

• It has increased inflation to 3%

• It has had no effect on inflation

• It has stabilized inflation at 2%

What is one reason business investment has not increased as much as expected?

• Uncertainty due to Brexit

• Limited capacity and good balance sheets

• Strong global economic conditions

• High unemployment rates

What has been the impact of Brexit on the economy's growth pace?

• It has accelerated the growth pace

• It has slowed the growth pace

• It has had no impact on growth

• It has reversed the growth trend