State Street's Evans Says Be Skeptical on the Pound

The video discusses the initiation of formal Brexit talks in Brussels, highlighting the UK's concession to address divorce proceedings before trade discussions. It examines the impact of recent UK elections on Brexit dynamics, particularly Theresa May's weakened negotiation stance due to her reliance on right-wing Conservatives. The discussion also covers the uncertainty surrounding Brexit's impact on sterling and the economy, with the Bank of England's cautious approach to monetary policy amid political uncertainties.

What challenges does the Bank of England face regarding monetary policy?

What is the current sentiment among foreign investors regarding the UK?