BOE's Dhingra Says She's in Favor of 'Gradual' Rate Cuts

The video discusses the importance of gradual changes in monetary policy, highlighting the need to adapt to economic shocks. It examines the slow-moving nature of economic indicators and the impact of policy decisions on the economy. The challenges faced by the UK economy, such as weak consumption and investment, are explored. The video also analyzes inflation trends and interest rate decisions, and concludes with a discussion on the neutral rate and its implications for economic policy.

What factors are contributing to weak consumption and investment in the UK?

What is the speaker's perspective on the neutral rate for the Bank of England?