Interview with Bank of England Governor Mark Carney

Interview with Bank of England Governor Mark Carney

Assessment

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Business

University

Hard

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The video discusses the recent interest rate hike by the bank and its positive implications for the economy. It highlights the low unemployment rate and balanced economic growth driven by business investment and exports. The bank aims to control inflation while supporting economic activity. The video also addresses the impact of Brexit on real incomes and the ongoing efforts to manage inflation and support wage growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the target inflation rate that the bank aims to achieve?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding real incomes and wage growth?

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