Interview with Andrew Bailey, Governor of the Bank of England, on Q.E.

Interview with Andrew Bailey, Governor of the Bank of England, on Q.E.

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Business, Life Skills

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The transcript discusses the impact of COVID-19 on economic confidence, highlighting the nervousness and apprehension among people. It covers government measures and coordination between the Chancellor and other officials to support livelihoods. The challenges posed by the virus are acknowledged, emphasizing the limitations of central banks and governments. Finally, concerns about unemployment and the potential 'cliff edge' effect when support schemes are withdrawn are addressed.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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