BOE Could Do More Quantitative Easing in June, Bailey Says

BOE Could Do More Quantitative Easing in June, Bailey Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the economic impact of a 14% GDP fall and the expansion of monetary stimulus. It covers the potential for more quantitative easing (QE) and the dependency of economic recovery on the pandemic's evolution. The discussion includes scenarios for economic recovery, the role of government schemes, and concerns about inflation and long-term economic effects. Trade tensions, particularly between the US and China, and their impact on the UK economy are also addressed. The video concludes with a focus on market fragility, the role of central banks, and concerns about Libor settings.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How might trade tensions between the US and China impact the UK economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What assumptions are being made about the economic recovery in 2021?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken to support companies during the economic downturn?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What lessons can be learned from the recent market fragilities?

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