BNP Paribas' Mutkin Says BOE Will Not Hike This Year

The video discusses the current economic situation in the UK, focusing on house prices, inflation, and the Bank of England's monetary policy. It examines the likelihood of interest rate hikes, the bank's mandate prioritizing inflation over growth, and market expectations. The bond market's perspective on inflation and the bank's approach to letting the economy run hot are also explored.

What is the current inflation rate mentioned in the discussion?

• 4.0%

• 3.5%

• 2.9%

• 1.5%

What is the likelihood of the Bank of England raising interest rates by the end of the year according to the market?

• 0%

• 25%

• 50%

• 75%

Under what condition might the Bank of England consider raising interest rates?

• If inflation decreases

• If growth delivers

• If unemployment rises

• If house prices increase

What is the primary mandate of the Bank of England?

• Employment

• Growth

• Inflation

• Trade Balance

How does the bond market perceive the Bank of England's approach to inflation?

• The Bank is willing to let inflation run high temporarily

• The Bank prioritizes growth over inflation

• The Bank is strict on inflation control

• The Bank is indifferent to inflation