BOE Will Make Extra Liquidity Available

Mark Carney testified for over two hours, trying to avoid political bias while discussing Brexit's economic implications. The session was partly political theater, with Carney emphasizing the Bank of England's preparedness compared to the past. Despite efforts to remain neutral, the uncertainty surrounding Brexit's impact on financial stability and investment remains high, with emotional responses clouding factual analysis.

What was Mark Carney trying to avoid during his testimony?

• Discussing financial stability

• Being seen as biased

• Talking about the housing market

• Predicting the future of the EU

What was the main focus of the political theater surrounding Carney's testimony?

• To discuss new trade contracts

• To predict the future of the pound

• To understand the implications of Brexit

• To analyze the housing market

How did the Bank of England's capabilities differ from nine years ago?

• They have more tools now

• They have the same tools

• They rely on external tools

• They have fewer tools now

What is one potential impact of Brexit mentioned in the discussion?

• Increased foreign investment

• Stability in the housing market

• Four to five months of upheaval

• Immediate economic growth

Why is it difficult to predict the economic impact of Brexit?

• Clear economic indicators

• Consistent investment trends

• Lack of historical precedent

• Stable political environment