Fully-Priced Market Awaits BOE Rate Decision

The transcript discusses the market's uncertainty regarding the Bank of England's potential interest rate changes, with a focus on Danny Blanchflower's suggestion for a 50 basis point increase. It explores the likelihood of a 25 basis point change and the potential for additional economic measures. The discussion also covers market reactions, currency positioning, and the impact of Brexit on economic policy.

What is the probability range mentioned for the Bank of England's interest rate decision?

• 80% to 90%

• 60% to 75%

• 95% to 100%

• 70% to 85%

Which economist is associated with the 'sledgehammer' approach to the economic slowdown?

• Danny Blanchflower

• Elizabeth Corley

• Mark Carney

• Andy Haldane

What is the potential basis point cut discussed as part of a package with other measures?

• 10 basis points

• 25 basis points

• 50 basis points

• 75 basis points

What is the historical context mentioned for the British pound's positioning?

• Since 1985

• Since 1992

• Since 2000

• Since 2010

What is the expected market reaction if the Bank of England does not take a 'sledgehammer' approach?

• The pound will fluctuate wildly

• The pound will rise

• The pound will remain stable

• The pound will fall