BOE's Carney: U.K Prosperity Relies on EU Relationship

The video discusses the UK's economic adjustments post-Brexit, focusing on the new relationship with the EU and its impact on inflation through market perceptions, trade, and consumer behavior. The MPC's response included monetary policy adjustments to balance inflation and growth. Despite Brexit uncertainties, consumer spending and the housing market showed resilience, supported by strong job security and financial conditions.

In what ways has consumer sentiment impacted the housing market?

What role did the MPC's actions in August play in the economic adjustments observed?