Blanchflower on BOE Decision, Inflation, Brexit

The video discusses the impact of inflation driven by the FX effect and Brexit on the UK economy. It highlights the economic slowdown, falling real wages, and their political implications, particularly for Theresa May. The discussion extends to Brexit's uncertain future and its political ramifications. Finally, it explores the debate on inflation targeting by central banks, suggesting a potential shift in policy to address structural changes in the economy.

What role does the Bank of England play in addressing economic challenges?

How has Theresa May's political standing been affected by economic conditions?

What are the potential outcomes of the Brexit negotiations for the UK economy?