Jefferies' Owen Sees BOE Rate Hikes in May and November

Jefferies' Owen Sees BOE Rate Hikes in May and November

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the Bank of England's plans to raise interest rates twice in 2018, with potential for more hikes in 2019, depending on Brexit outcomes. The UK economy is near full capacity, with growth expected to be slightly above trend. However, Brexit uncertainties and weak business investment pose challenges. The UK lags behind global growth, particularly the eurozone, but benefits from strong trading partners.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Bank of England's plan for interest rates in 2018?

Raise rates once in May

Raise rates twice, in May and November

Lower rates in November

Keep rates unchanged

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Brexit influence the Bank of England's interest rate decisions?

Interest rates will be raised regardless of Brexit

Brexit has no impact on interest rate decisions

Interest rates will be lowered due to Brexit

Interest rate decisions depend on Brexit negotiations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern for the Bank of England regarding business investment?

Business investment unaffected by Brexit

Weak business investment due to Brexit uncertainties

Excessive foreign investment

High levels of business investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth rate for the UK economy over the next few years?

Around 3%

Around 2%

Around 1.5%

Around 0.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region's economic performance is currently supporting the UK economy?

The eurozone

North America

Africa

Asia