John Normand: A BOE Post-Brexit Re-Think Is Premature

The video discusses the Bank of England's recent monetary policy actions and their impact on the stability of the pound sterling. It examines the UK's current account deficit, suggesting it may improve slightly due to currency weakness affecting exports and income receipts. The discussion also covers expectations for gilt yields, influenced by global economic trends and the Bank of England's policies.

What is the expectation regarding gilt yields in the near future?

How might the Bank of England's policy impact the economic situation in the UK?