OECD's Mann: Pound Could Bring About Stagflation

The video discusses the impact of Brexit on the UK economy, focusing on currency volatility and the sliding pound. It highlights the potential long-term changes in trade relationships and the economic implications of a weaker sterling. The discussion also covers asset market behavior, potential inflation, and the challenges faced by the Bank of England in managing these economic shifts.

What does the speaker mean by saying that the pound is 'probably a little bit oversold'?

What challenges does the Bank of England face in a stagflation situation?