What to Watch for in Today's Bank of England Decision

The video discusses the impact of Brexit and inflation on the UK economy, focusing on the Bank of England's stance on inflation and interest rates. It highlights the potential for growth and inflation forecast upgrades and the market's expectation of a rate hike. The risks posed by Brexit to the economic outlook are also emphasized.

What was the Bank of England's initial stance on higher inflation?

• They immediately raised interest rates.

• They ignored it completely.

• They were initially tolerant of it.

• They were highly intolerant of it.

What is expected to remain unchanged according to the Bank of England's policy?

• Inflation forecasts

• Interest rates

• Growth forecasts

• Benchmark rate and QE

What is the market's expectation regarding the Bank of England's next move?

• Introduction of new QE measures

• No change in rates

• A rate hike

• A rate cut

What has stabilized since November according to the transcript?

• The euro

• The US dollar

• Sterling

• The yen

What is considered a major risk to the Bank of England's outlook?

• Technological advancements

• US trade policies

• Brexit

• Global warming