Jefferies' Owen Sees BOE Rate Hikes in May and November

The video discusses the Bank of England's plans to raise interest rates twice in 2018, with potential for more hikes in 2019, depending on Brexit outcomes. The UK economy is near full capacity, with growth expected to be slightly above trend. However, Brexit uncertainties and weak business investment pose challenges. The UK lags behind global growth, particularly the eurozone, but benefits from strong trading partners.

What is the Bank of England's plan for interest rates in 2018?

• Raise rates once in May

• Raise rates twice, in May and November

• Lower rates in November

• Keep rates unchanged

How does Brexit influence the Bank of England's interest rate decisions?

• Interest rates will be raised regardless of Brexit

• Brexit has no impact on interest rate decisions

• Interest rates will be lowered due to Brexit

• Interest rate decisions depend on Brexit negotiations

What is a major concern for the Bank of England regarding business investment?

• Business investment unaffected by Brexit

• Weak business investment due to Brexit uncertainties

• Excessive foreign investment

• High levels of business investment

What is the expected growth rate for the UK economy over the next few years?

• Around 3%

• Around 2%

• Around 1.5%

• Around 0.5%

Which region's economic performance is currently supporting the UK economy?

• The eurozone

• North America

• Africa

• Asia