Would a BOE Rate Cut Prevent a Recession?

The video discusses the potential impact of a Bank of England rate cut on preventing a recession, emphasizing the lack of evidence to fully assess Brexit's impact on business confidence and investments. It argues for a gradual approach to monetary easing due to uncertainties in fiscal policy and post-Brexit trade deals. The video also examines market reactions to rate decisions, the role of the yield curve, and the potential resumption of quantitative easing. It explores the applicability of ECB tools like TLTROs to the UK context and concludes with a discussion on the risks of negative interest rates.

How might the uncertainty regarding the new government's intentions affect the Bank of England's decisions?

What lessons can the Bank of England learn from the European Central Bank's actions?