BOE's Carney: We Could Deliver More Stimulus

The transcript discusses the Bank of England's approach to monetary policy, focusing on how conventional and unconventional measures interact with the financial system. It highlights the Monetary Policy Committee's (MPC) role in supporting economic adjustment and targeting inflation. The comprehensive policy package is designed to address economic shocks and uncertainties, with potential for further actions based on data forecasts. The Bank's response to the referendum includes measures to stabilize the financial system and improve credit conditions. The Bank remains ready to take necessary actions for monetary and financial stability as the UK adapts to new realities post-EU.

What is the purpose of the MPC's approach in relation to the financial system?

How does the MPC plan to ensure maximum impact on the real economy?

What measures can the MPC take to adjust the Bank rate?

What was the basis for the bank's policy response to the referendum?

In what ways does the Bank of England aim to improve financial conditions for households and businesses?