BOE Sees Slower Than Anticipated Consumption Growth

The transcript discusses the UK's economic outlook post-Brexit, highlighting the MPC's projections based on a smooth transition. It notes divergent responses from financial markets and households, with consumer strength and market pessimism expected to align over time. Economic indicators show slowed growth, but Sterling's appreciation suggests optimism for an orderly Brexit. The global outlook has improved, supporting UK trade and investment, with world growth projections remaining strong.

What improvements have been observed in the global outlook since February?

How is stronger global growth expected to impact UK trade and investment?