Carney Says U.K. Entering Period of `Profound Structural Change'

The video discusses the UK's GDP growth, highlighting the importance of sustained positive signals from global and domestic activities. It explores the potential need for policy tightening to maintain inflation at the 2% target if the economy recovers as projected. The UK is poised for significant structural changes, including new trading arrangements, immigration policies, and initiatives in infrastructure and regional development. The Monetary Policy Committee (MPC) will assess these developments to ensure economic balance and support growth and jobs for the UK populace.

What are the potential implications of the recent indicators of global and domestic activity on the UK economy?

What measures might be needed to maintain inflation sustainably at the 2% target?

What structural changes is the UK expected to enter in the coming decade?

How will new trading arrangements and immigration policies impact the UK economy?

What role will the MPC play in assessing the balance of supply and demand in the UK?