BOE's Saunders Sees Potential Rate Cut If No-Deal Brexit Avoided

BOE's Saunders Sees Potential Rate Cut If No-Deal Brexit Avoided

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Business, Social Studies

University

Hard

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The transcript discusses comments from Michael Saunders, a Bank of England policymaker, who suggests that UK monetary policy could shift depending on Brexit outcomes. The uncertainty surrounding Brexit negotiations is highlighted, with Brexit Minister Steve Barclay in Brussels for talks. Key issues like the Irish border remain unresolved, and even if a deal is desired, passing it through Parliament is uncertain. Political rhetoric from Boris Johnson's allies warns of unrest if Brexit doesn't occur, complicating deal negotiations.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Michael Saunders' current stance on UK monetary policy in relation to Brexit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the general sentiment on both sides regarding the likelihood of reaching a Brexit deal?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key concerns regarding the Irish border in the context of Brexit negotiations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Boris Johnson's recent rhetoric reflect his position on Brexit negotiations?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the UK face in getting a Brexit deal through Parliament?

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