New British Prime Minister to Be Announced

The video discusses the dire state of the market, with rising inflation and yields. It explores potential policies of Liz Truss, such as tax changes and their impact on the budget deficit. The Bank of England's role in controlling inflation is critiqued, with concerns over possible changes to its mandate affecting market stability.

What is one of the major economic challenges mentioned in the first section?

• Surge in inflation and rising yields

• Rising stock market prices

• Stable economic growth

• Decreasing inflation rates

What is one of the potential policies Liz Truss might implement if she wins?

• Rollback a National Insurance tax increase

• Decrease the budget deficit

• Increase corporate taxes

• Strengthen the Bank of England's mandate

How might the market react to changes in the Bank of England's mandate?

• Positively, as it boosts investor confidence

• Indifferently, as it has no impact

• Negatively, as it prefers a focus on inflation

• Positively, as it shows flexibility

What is the market's main concern regarding the Bank of England's response to inflation?

• The BOE's increase in interest rates

• The BOE's quick reaction to inflation

• The BOE's focus on nominal GDP

• The BOE's slow reaction to surging inflation

What economic measure does the market prefer the Bank of England to focus on?

• Money supply

• Nominal GDP

• Inflation

• Unemployment rate