Is BOE Stimulus Warranted and Appropriate?

The video discusses the economic impact of the UK referendum, highlighting a significant fall in the Purchasing Managers Index and the service sector. It explores potential fiscal stimulus measures by the government, including increased gilt issuance and borrowing. The Bank of England's monetary policy, including a 25 basis point rate cut, aims to mitigate economic downturns, though stagnation is expected. Uncertainty since the referendum is affecting business investment and confidence, with long-term decisions being impacted more than trade.

What does the fall in the Purchasing Managers Index surveys indicate about the UK economy?

How might the anticipated fiscal spending affect business investment in the UK?

What are the potential consequences of the Bank of England's monetary policy actions on the economy?

What is the significance of the forecasted contraction in the economy for Q3?

In what ways could the uncertainty following the referendum impact capital expenditure?