U.K. Data Doesn’t Help BOE With Brexit Uncertainty, JPM's Bell Says

The video discusses the UK's economic situation, focusing on unemployment, wage growth, and the impact of Brexit. It highlights the Bank of England's challenges in adjusting interest rates due to Brexit uncertainties. Business and consumer confidence have declined, affecting the housing market. The Bank of England awaits Brexit clarity before making policy changes.

What was the unemployment change reported for December?

• 200,000

• 120,000

• 151,000

• 167,000

How does the Bank of England view the current interest rates given the labor market conditions?

• Interest rates are too high

• Interest rates are just right

• Interest rates should be abolished

• Interest rates are too low

What major event is causing uncertainty in the UK economy?

• The rise of cryptocurrency

• The global pandemic

• Brexit

• The US-China trade war

How has consumer confidence been affected in the UK?

• It has fluctuated unpredictably

• It has fallen sharply

• It has remained stable

• It has increased significantly

What is the Bank of England waiting for before making any changes?

• A new government policy

• A rise in inflation

• Clarity on the Brexit outcome

• A decrease in unemployment