'Narrower' Wiggle Room for BOE Rate-Cuts, JPM Says

'Narrower' Wiggle Room for BOE Rate-Cuts, JPM Says

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the ongoing market challenges, including a significant budget deficit in the UK, estimated at £9 billion. It highlights the pressure on the UK government to announce measures to contain the deficit due to rising bond yields and interest expenses. The global market's concerns about sticky inflation and potential US tariff increases are also addressed. The Bank of England's limited scope for further interest rate cuts is discussed, emphasizing the challenges in maintaining confidence in monetary policy amidst fiscal pressures.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated financial loss due to the ongoing market downturn?

£9 billion

£5 billion

£15 billion

£12 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is causing increased pressure on the UK government to announce further measures?

Stable market conditions

Lower inflation rates

Rising interest expenses

Decreasing bond yields

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What global concern is mentioned in relation to inflation?

Stable inflation rates

Decreasing US tariffs

Sticky inflation

Deflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Bank of England considering in the near term?

Increasing interest rates

Cutting interest rates

Maintaining current rates

Introducing new fiscal policies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge does the Bank of England face regarding interest rate cuts?

High inflation rates

Excessive fiscal consolidation

Lack of market confidence

Ample wiggle room