BOE Will go for August Rate Hike, Says StanChart's Hewin

The video discusses the Bank of England's potential rate hike in August, considering the economic recovery and rising wages. It also addresses Brexit's impact, suggesting policymakers might overlook current uncertainties for a favorable outcome. The discussion extends to potential winners and losers in the economy based on different Brexit scenarios, highlighting the aerospace sector's performance and the implications of a soft Brexit or a Canada-style trade agreement.

What is one reason the Bank of England is considering an interest rate hike in August?

• To increase inflation

• To reduce unemployment

• To address rising wages

• To decrease economic growth

How might a no-deal Brexit affect the Bank of England's interest rate policy?

• It would lead to immediate rate cuts

• It would have no impact on policy

• It would cause the Bank to be more cautious

• It would accelerate rate hikes

Which sector is mentioned as performing well compared to the Footsie 100?

• Technology

• Retail

• Aerospace

• Automotive

What type of Brexit deal is described as 'Norway light'?

• Hard Brexit

• No-deal Brexit

• Canada-style Brexit

• Soft Brexit

What is the expected impact on businesses trading with the EU if a true soft Brexit is achieved?

• Supportive environment

• Reduced exports

• Increased uncertainty

• Higher tariffs