U.K. Dec. Inflation Rate Falls to 3%, Matching Median Estimates

The video discusses the UK's inflation figures, which align with expectations, except for a slight dip in the CPI core year-on-year. The Bank of England faces challenges due to Brexit, complicating monetary policy. The uncertainties of Brexit impact economic growth and investment, with unresolved issues like market access. The Bank may need to pause or reverse rate hikes as the UK economy lags behind its G7 peers.

What was the slight deviation in the UK's CPI core year-on-year figure?

• 2.7% instead of 2.8%

• 2.6% instead of 2.7%

• 2.5% instead of 2.6%

• 2.4% instead of 2.5%

What tool did the Bank of England popularize to predict future economic conditions?

• Bar charts

• Fan charts

• Line graphs

• Pie charts

What complicates the Bank of England's monetary policy according to the transcript?

• Brexit uncertainties

• High inflation rates

• Rising unemployment

• Global economic slowdown

What is a major unresolved issue in the Brexit negotiations?

• Trade tariffs

• The Irish question

• Immigration policies

• Currency exchange rates

What might the Bank of England need to do regarding its interest rate decisions?

• Lower rates drastically

• Increase rates significantly

• Maintain current rates

• Pause or reverse rate hikes