A Wait and See View of U.K.'s Autumn Statement

The transcript discusses the economic implications of Brexit, focusing on the Chancellor's forecast, market reactions, and the roles of the Bank of England and the Treasury. It highlights the expected decrease in growth, increase in inflation, and borrowing due to Brexit. The discussion also covers the challenges in economic forecasting and the differing approaches of the Bank of England and the Treasury in response to economic uncertainties.

What are the implications of the Chancellor's optimistic growth forecast compared to the Bank of England's expectations?

How does the uncertainty surrounding the economy affect the Chancellor's decision-making process?

What are the potential risks associated with the independent Office for Budget Responsibility's forecast?

Why might the Treasury choose to wait and see rather than implement immediate policy changes?

In what ways might increased borrowing impact future austerity measures?