G Plus' Komileva Says BOE Is in 'Holding Period' on Rates

The video discusses the Bank of England's recent rate hike, the first in a decade, and the market's expectations for future increases. It highlights the impact of Brexit on UK employment and the challenges posed by inflation, which has been driven by a weak sterling. The discussion also covers the potential for future rate hikes and the economic outlook, including predictions on inflation and wage growth.

What recent action did the Bank of England take for the first time in a decade?

• Lowered interest rates

• Hiked interest rates

• Introduced quantitative easing

• Changed currency policy

What recent economic data from the UK is causing concern?

• Decrease in inflation

• Rise in unemployment

• Growth in GDP

• Increase in exports

How has Brexit affected the UK's employment market according to the transcript?

• Boosted foreign investments

• No impact on employment

• Increased job opportunities

• Created cracks in employment stability

What is the main factor behind the overshoot of inflation in the UK?

• Increased productivity

• Sterling's weakness

• Weak demand

• High wage growth

When is inflation expected to fall below the current pace of wage growth?

• By the end of 2019

• In 2020

• By mid-2021

• In 2022