UK Faces 'Deep, Long' Recession: Deutsche Bank Economist

The video discusses the potential impact of the Bank of England's monetary policy on the value of sterling, interest rates, and the broader UK economy. It highlights the challenges of maintaining financial stability amid rising interest rates and energy prices, predicting a deep and prolonged recession. The discussion also covers the effects on the housing market and the need for social support to mitigate the impact on less advantaged homeowners.

What does the speaker suggest about the relationship between real interest rates and the US?

What is the speaker's outlook on the housing market in the UK amidst rising interest rates?