BOE's Carney Says U.K. Growth Resilient Since Brexit

BOE's Carney Says U.K. Growth Resilient Since Brexit

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the UK's economic resilience post-referendum, highlighting a stronger growth forecast due to factors like eased fiscal policy and a firmer global economy. Despite this, business investment remains flat, and GDP is projected to be lower than pre-referendum expectations. Financial markets are adjusting to new economic prospects, with a focus on consumer strength and market pessimism.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are households adjusting their spending in response to economic changes?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the relationship between consumer strength and financial market pessimism?

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