BOE Maintains Interest Rate in 9-0 Unanimous Vote

The transcript discusses the impact of Brexit on investor sentiment, highlighting the slow and gradual approach to interest rate hikes by the Bank of England. It also covers recent decisions by central banks, including Norway's surprising announcement of potential rate hikes. The conversation shifts to global monetary policy trends, noting differences from 2017 and the potential for Scandinavian currencies to gain strength due to their independent central banks.

What is the Bank of England's approach to interest rate hikes in the context of Brexit?

• Immediate and large hikes

• No hikes expected

• Slow and gradual hikes

• Aggressive and frequent hikes

Which country's central bank surprised markets with a potential rate hike announcement?

• Norway

• United States

• China

• Switzerland

What is the main concern regarding global monetary policies in 2018?

• No changes in policies

• Uniform rate cuts

• Complete policy relaxation

• Synchronized tightening

Which region's central banks are considered underpriced in terms of potential hawkishness?

• Southern Europe

• North America

• Asia

• Scandinavia

What is a unique feature of Scandinavian currencies in relation to the ECB?

• They follow the ECB's dovish policies

• They have their own central banks

• They are tied to the ECB

• They are pegged to the US dollar