Carney: Financial System 'Sailed Through' Brexit Vote

Carney: Financial System 'Sailed Through' Brexit Vote

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the financial system's adjustment under the Bank of England's oversight, highlighting the unexpected smooth transition post-referendum. It details the actions taken by the Financial and Monetary Policy Committees to support economic adjustment and growth. The current economic data suggests a stronger than expected bounce back, with growth running at about half the rate prior to the referendum. The discussion emphasizes the importance of coherent policy actions and maintaining perspective on economic recovery.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions were taken by the Financial Policy Committee and the Monetary Policy Committee?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'keeping it in perspective' regarding the financial adjustments?

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