Blanchflower: Carney's BOE Position May Be in Question

The transcript discusses the economic and political implications of Brexit, focusing on the Bank of England's potential responses. It highlights the initial calm reaction from Carney, the need for monetary policy adjustments, and the political challenges faced by key figures like Carney and the Chancellor. The discussion also covers the impact on the financial sector, the potential for a permanent decline in sterling, and the need for a revised economic forecast.

What was the initial forecast regarding the Brexit vote and its potential impact?

How did the speaker describe the reaction of the central bank to the Brexit vote?

What concerns were raised about the financial sector following the Brexit vote?

What actions did the speaker suggest the Bank of England should take in response to the market's reaction?

What was mentioned about the Bank of England's inflation report forecast after the Brexit vote?

What did the speaker suggest about the potential impact of a decline in sterling?

How did the speaker characterize the potential long-term effects of the Brexit vote on the UK's credit rating?