Bank of England Hints Back Stimulus Expectations

The transcript discusses the Bank of England's potential stimulus measures in response to negative business surveys, highlighting a shift in monetary policy under Governor Carney compared to Mervyn King. It explores the implications of such measures on the UK economy, especially in the context of Brexit, and the challenges faced by central banks with limited tools. The discussion also touches on the role of currency markets as indicators of economic movements.

What recent change in the Bank of England's approach has been indicated by one of the UK's top monetary policymakers?

What is the expected action of the Bank of England in the upcoming month according to the discussion?

How has the perception of the Bank of England changed since the tenure of Governor Carney compared to Mervyn King?

What concerns are raised regarding the effectiveness of central banks' stimulus measures?

What potential impact of Brexit on the UK economy is discussed in relation to the Bank of England's stimulus?