Brexit Looms Over BOE's Super Thursday

The video discusses the potential impacts of Brexit on the UK economy, focusing on the uncertainty it brings and how it might affect monetary policy. The Bank of England is expected to maintain a cautious approach, possibly downgrading growth forecasts and keeping monetary policy on hold until after the referendum. The discussion includes the potential for rate cuts or hikes depending on the referendum outcome, and the broader economic implications, such as trade, migration, and investment. The video also explores how Brexit could affect the pound and gilt markets, emphasizing the importance of political unanimity in decision-making.

What factors are considered when modeling the economic impact of Brexit?

What is the significance of a unanimous vote from the Bank's committee in the context of the upcoming referendum?