BOE's Broadbent Sees an Uncertain Brexit Rate Path

The transcript discusses the complexities and uncertainties surrounding the effects of Brexit on inflation and interest rates. It highlights the challenges in predicting economic outcomes and emphasizes the need for monetary policy to rely on current economic data. The discussion also covers the current economic environment, characterized by high inflation and limited capacity, and the importance of institutions maintaining their roles without political influence.

What are the complexities associated with predicting the effects of Brexit on inflation?

How does the speaker describe the relationship between demand behavior and the exchange rate?

What is the speaker's stance on monetary policy in the current economic environment?

What does the speaker mean by 'we can only play the economy that's in front of us'?

Why does the speaker believe it is important for institutions to not be on the front political line?