Carney Touts BOE Actions in Aiding U.K. Economy

The transcript discusses the Bank of England's actions to stabilize financial conditions post-Brexit, including potential rate cuts. It highlights the uncertainty in economic forecasts due to political issues and the impact of a weak British pound. The discussion also covers the recession risks and the importance of monitoring unemployment and business investment.

What concerns were raised about the potential impact of Brexit on the economy?

What is the significance of the British pound's weakness in relation to the deficit?