BOE's Carney Says Pound Drop Has Squeezed Incomes

The transcript discusses the UK's uncertain economic relationship with the EU post-Brexit, highlighting the role of monetary policy in managing real incomes and inflation. It examines the varied reactions of households, businesses, and financial markets to Brexit, noting the impact on spending and investment. The MPC's projections assume a smooth transition, affecting demand and supply, and emphasize the importance of expectations in shaping economic behavior.

How have businesses adjusted their investment strategies since the Brexit referendum?

What assumptions does the MPC make regarding the transition to new trading relationships post-Brexit?