UBS' Wraith Says U.K. Rates Not Going Anywhere

UBS' Wraith Says U.K. Rates Not Going Anywhere

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the economic outlook for the UK post-Brexit, highlighting the potential for interest rates to remain on hold due to economic uncertainties. It compares the growth prospects of the Euro area and the UK, noting a shift in economic dynamics. A poll reveals changing perceptions of Brexit's impact on income, with poorer individuals now viewing it more negatively. The discussion also covers consumer behavior and spending in light of inflation and economic forecasts, and the potential for dissent within the Monetary Policy Committee (MPC) regarding interest rate decisions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the poll conducted after the Brexit referendum?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the mixed economic picture in the UK?

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