What Could BOE Do in Response to a Brexit?

The transcript discusses the economic risks associated with Brexit, focusing on the role of the Bank of England in managing these risks. It highlights the criticisms faced by the bank, the potential economic trade-offs, and the government's changing stance on Brexit. The discussion also covers potential currency movements if Britain remains in the EU, emphasizing the balancing act required to maintain financial stability.

What was one of the main criticisms faced by the Bank of England regarding their approach to Brexit?

• Overestimating the financial crisis

• Ignoring the central forecast

• Focusing too much on political opinions

• Not considering the economic risks

How might Brexit affect the value of sterling according to surveyed strategies?

• Fluctuate unpredictably

• Decrease by 8%

• Remain stable

• Increase by 8%

What is one of the roles of the Bank of England in response to Brexit?

• Reducing import prices

• Promoting political stability

• Increasing interest rates

• Providing liquidity to banks

If Britain stays in the EU, what is the expected initial reaction of the sterling?

• A gradual decrease

• No change

• A move up to 148

• A sharp decline

What factor is considered when analyzing the economic slowdown related to Brexit?

• Increased government spending

• Structural changes in the economy

• Decreasing inflation rates

• Rising employment rates