BOE Warns of Brexit in Holding Key Rate Steady

The video discusses the Bank of England's decision to keep the interest rate at 0.5% and its unchanged asset purchase program. It highlights the potential economic risks posed by Brexit, including impacts on the pound, inflation, and GDP. The discussion also covers recent UK economic data, such as retail sales and employment figures, and their implications. The video concludes with a look at future economic outlooks and the probability of a rate cut, especially in light of the upcoming Brexit vote.

What are the current trends in inflation according to the text?

What is the significance of the retail sales numbers mentioned in the text?