BOE Unlikely to Raise Rates for a Long Time, Westpac's Callow Says

The video discusses the impact of Brexit on the UK economy and currency, highlighting a pessimistic outlook. It analyzes HSBC's scenarios for Brexit outcomes, including no deal, a deal, and no Brexit, and their potential effects on currency values. The Bank of England's stance on economic growth and interest rates is evaluated, noting the challenges faced by the UK economy and the improbability of rate cuts due to already low rates and stable inflation.

What are the potential outcomes of Brexit as discussed in the text?

How does the speaker view the impact of currency weakness on the UK economy?

What are the three scenarios mentioned by HSBC regarding Brexit?

What is the speaker's opinion on the Bank of England's growth figures?

What does the speaker suggest about the future of interest rates in the UK?