Carney: 'Quite Comfortable' With Steps Taken Pre-Brexit

The transcript discusses the committee's detailed inflation report and its implications on the exchange rate, demand, and supply. It explores scenarios where these factors could lead to changes in monetary policy, referencing stress tests conducted by the bank. The effectiveness of contingency measures in stabilizing the financial system and exchange rate is highlighted. The role of monetary policy in providing economic support and stimulus is examined, emphasizing preparation and effectiveness in adjusting to economic changes, particularly in the context of the EU referendum.

What factors were discussed regarding the impact on the exchange rate?

What role did the Monetary Policy Committee play in responding to economic conditions?

In what ways did the bank's actions help cushion the economy during adjustments?

How did the contingency measures affect the bank's ability to manage the economy?

What was the ultimate goal of the measures taken in relation to the European Union referendum?