BOE's Carney Says Not Yet Time to Raise Rates

The video discusses the effectiveness of economic stimulus measures, highlighting low borrowing costs and low unemployment. It examines the Monetary Policy Committee's (MPC) approach to inflation and potential rate increases, considering mixed economic signals and the impact of Brexit. The video emphasizes the importance of monetary policy in maintaining inflation targets while supporting necessary economic adjustments.

What is one of the key outcomes of the monetary and macro financial measures discussed in the first section?

• Decreased economic performance

• Increased unemployment rates

• Higher borrowing costs

• Widely available credit

What is a factor that influences the MPC's decision on the timing of a Bank rate increase?

• International trade agreements

• Mixed signals on consumer spending

• Global oil prices

• Technological advancements

According to the second section, what is a current characteristic of domestic inflationary pressures?

• Strong business investment

• High consumer spending

• Anemic wage growth

• Rapid wage growth

What is a potential consequence of Brexit negotiations as mentioned in the third section?

• Immediate economic stability

• Decrease in financial market expectations

• Increase in household savings

• Activation of contingency plans by firms

How will monetary policy be adjusted in response to Brexit, according to the third section?

• To eliminate all trade barriers

• To decrease borrowing costs significantly

• To support necessary economic adjustments

• To increase inflation beyond target