Ex-MPC Member Blanchflower: Next BOE Move Is Down

Ex-MPC Member Blanchflower: Next BOE Move Is Down

Assessment

Interactive Video

Business

University

Hard

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The video discusses the Bank of England's interest rate hikes amidst a softening economy and unexpected market reactions. It covers economic forecasts, market expectations, and future strategies, including the potential for rate changes. The impact of Brexit on economic risks is analyzed, highlighting government positions and downside risks. Technical difficulties with accessing the Bank's website and the credibility of forecasts are also addressed.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the softness of the economy as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's opinion on the likelihood of wage growth taking off?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the Bank of England's position on interest rate hikes?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the speaker express regarding the Brexit situation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What technical difficulties are mentioned in relation to the Bank of England's website?

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