Mark Carney On Brexit and Borrowing, Speech at The LSE

The video discusses the economic uncertainties related to Brexit, noting a decrease in savings rates and an increase in consumer borrowing, with household borrowing rising by 4% and consumer credit by 10%. It highlights the fastest consumer credit growth since 2005. The outlook for inflation is tied to demand, supply, and exchange rate changes, with monetary policy poised to respond to ensure inflation returns to a 2% target.

What economic factor is primarily discussed in relation to Brexit uncertainties?

• Interest rates

• Savings rates

• Government spending

• Tax policies

By what percentage did total household borrowing increase?

• 8%

• 6%

• 4%

• 2%

Since which year has consumer credit seen its fastest growth rate?

• 2010

• 2000

• 2015

• 2005

What factors will influence the future of inflation according to the transcript?

• Taxation and public spending

• Demand, supply, and exchange rates

• Employment rates and wages

• Government policies and interest rates

What is the target inflation rate mentioned in the transcript?

• 4%

• 1%

• 2%

• 3%