BOE's Carney Says U.K. Recovery Seems to Be on Track

The video discusses significant political and economic developments at the start of a new decade. It highlights the UK's historic withdrawal from the EU and the economic projections by the MPC, which suggest a modest recovery supported by reduced domestic uncertainties and global growth stabilization. The global economy shows signs of recovery with easing trade tensions and monetary policy adjustments. Domestically, Brexit-related uncertainties have decreased, as indicated by surveys and market data.

What significant political event is highlighted in the first section?

• The UK's withdrawal from the European Union

• The US presidential election

• The signing of a new trade agreement

• The formation of a new political party in the UK

What did the MPC project for the UK economy in its December meeting?

• A significant drop in global trade

• A pick-up in growth supported by reduced uncertainties

• An increase in domestic uncertainties

• A decline in economic growth

What global economic trend is mentioned in the third section?

• A rise in global inflation rates

• A decline in global manufacturing

• Increase in global trade tensions

• Stabilization of global growth

Which economic indicator returned to expansionary territory?

• Global inflation rate

• Unemployment rate

• Interest rates

• Global manufacturing PMI

What change occurred in the proportion of firms citing Brexit as a top uncertainty?

• It rose to 70%

• It fell below 45%

• It remained the same

• It increased to 60%