Carney Staying on at BOE Is 'Sensible' Move Says Blanchflower

The video discusses the reappointment of Mark Carney as the Bank of England governor amidst Brexit chaos. It highlights the lack of alternatives for both Carney and Hammond, emphasizing the need to calm market nerves. The potential for a Brexit deal within six to eight weeks is debated, with skepticism about the realism of such claims. The video concludes by questioning the realistic approach of the UK government in Brexit negotiations.

Why was the reappointment of the Bank of England governor considered sensible?

• To increase market volatility

• To reduce interest rates

• To ensure continuity amidst Brexit chaos

• To introduce new policies

What did Phillip Hammond claim about the Brexit deal timeline?

• It would take over a year

• It could be achieved in 6 to 8 weeks

• It was impossible to achieve

• It was already completed

What percentage of the Brexit deal did Michel Barnier claim was completed?

• 85%

• 50%

• 95%

• 75%

What is a major challenge in the Brexit negotiations according to the transcript?

• Currency exchange rates

• The Northern Irish border issue

• Trade agreements with the US

• Immigration policies

What is the general sentiment about reaching a Brexit deal within the UK government?

• Excited and eager

• Indifferent and neutral

• Skeptical and doubtful

• Optimistic and confident