UBS's Cluse Sees Real Brexit Consequences for BOE

The video discusses the uncertainty surrounding the UK's economic future due to Brexit, with UBS predicting slower growth rates. It examines the Bank of England's neutral stance amidst economic slowdown and rising inflation, suggesting that inflation is temporary and will eventually decrease, allowing the Bank to maintain its position.

What factors are contributing to the rising inflation in the UK?

What is the anticipated trend for inflation in the UK economy according to the text?