CBA's Kinsella's Sees a BOE Rate Hike in November

CBA's Kinsella's Sees a BOE Rate Hike in November

Assessment

Interactive Video

Business

University

Hard

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The video discusses the recent CPI print and its alignment with inflation expectations, suggesting that the economic outlook remains stable. It predicts a rate hike in November, as the post-Brexit emergency rate cut conditions have not materialized. The discussion also covers market pricing, indicating that the current rate hike expectations may be too low, and suggests that sterling is undervalued, with potential for appreciation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average CPI in the second quarter as mentioned in the video?

3.0%

2.0%

2.7%

1.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted rate hike in November according to the video?

50 bips

10 bips

75 bips

25 bips

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reason for last year's rate cut mentioned in the video?

Global economic slowdown

Post-Brexit emergency

Inflation control

Currency stabilization

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the video, how do market prices view the rate hikes over the next two years?

Too high

Unpredictable

Just right

Too low

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current valuation of sterling in trade-weighted terms as discussed in the video?

Overvalued

Fairly valued

Undervalued

Highly volatile