BOE Unanimous on Rates, but Is Dissent Growing?

The transcript discusses potential divergences within the policy committee, particularly highlighting Mr. Fleeger's and Andy Haldane's differing views. It addresses the challenges faced by the Bank of England in sending a strong message before the vote, given the softness in data and rising uncertainty index. The discussion also covers investor concerns about forecasting outcomes and Governor Carney's communication on the potential negative consequences of an exit vote. The Bank of England's readiness to react to developments is emphasized.

What is the significance of the uncertainty index mentioned in the text?

What approach does the Bank of England plan to take in response to potential economic developments?