Carney Says Uncertainty Remains Elevated Amid `Fog of Brexit'

The video discusses the economic tensions caused by Brexit, highlighting the lack of business preparedness for a no-deal scenario. Despite strong corporate balance sheets, business investment has declined, though employment rates are high. Household tensions are evident with declining consumer confidence and stagnant housing markets. Financial markets remain sensitive to Brexit news, affecting UK asset prices. The global economy is slowing, but monetary policy adjustments may stabilize growth.

In what ways has the labor market been affected by the economic conditions post-Brexit?

What are the expectations for global economic growth in relation to the UK economy?