BOE Holds Key Interest Rate at 5.25% in Split Decision

The video discusses the challenges in making economic decisions due to uncertain data, focusing on the balance between recent inflation and wage data. It highlights the Bank of England's decision to pause further rate hikes after 14 increases, considering the impact on the economy and unemployment. Additionally, it covers the increase in QT targets, indicating a potential hawkish stance.

What is the main challenge in making accurate economic predictions according to the first section?

• The lack of historical data

• Global market trends

• Conflicting inflation and wage data

• Political instability

What decision has the Bank of England made regarding interest rates?

• To decrease them

• To keep them unchanged

• To pause further hikes

• To increase them significantly

How many times has the Bank of England raised rates before deciding to pause?

• 16 times

• 14 times

• 10 times

• 12 times

What is the significance of the Bank of England raising QT targets?

• It shows a hawkish stance

• It suggests a neutral stance

• It indicates a dovish stance

• It implies a lack of direction

To what level have the QT targets been raised?

• 100

• 90

• 80

• 110