Mark Carney On Brexit and Borrowing, Speech at The LSE

Mark Carney On Brexit and Borrowing, Speech at The LSE

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic uncertainties related to Brexit, noting a decrease in savings rates and an increase in consumer borrowing, with household borrowing rising by 4% and consumer credit by 10%. It highlights the fastest consumer credit growth since 2005. The outlook for inflation is tied to demand, supply, and exchange rate changes, with monetary policy poised to respond to ensure inflation returns to a 2% target.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the uncertainties related to Brexit?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have savings rates and consumer borrowing changed recently?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage increase in total household borrowing?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does monetary policy respond to changes in the economic outlook?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the target inflation rate mentioned in the text?

Evaluate responses using AI:

OFF