Blanchflower Says Vote Puts BOE in Wait, Watch Mode

The video discusses the UK's economic outlook, focusing on inflation, slow growth, and the potential for interest rate changes. It highlights the impact of political volatility, particularly Brexit, on monetary policy and business confidence. The discussion suggests a cautious approach, with potential fiscal policy relaxation and a more engaged Parliament due to recent election results.

What is the current economic growth situation in the UK compared to other G7 countries?

• No growth among G7 countries

• Slowest growth among G7 countries

• Fastest growth among G7 countries

• Average growth among G7 countries

What is the expected next action regarding interest rates in the UK?

• A rate hike

• A rate cut and stimulus

• No change in rates

• A significant increase in rates

What political situation is the Conservative Party facing?

• Complete control of the government

• A strong majority

• A hung parliament

• A coalition with the Labour Party

How did the Bank of England react to the Brexit vote?

• By cutting interest rates

• By maintaining interest rates

• By raising interest rates

• By ignoring the vote

What is a potential positive outcome of the recent election result regarding Brexit?

• A complete halt to Brexit

• A more chaotic Brexit

• A less engaged Parliament

• A more intelligent Brexit