BOE Hikes Key Interest Rate to 0.5% With Four Dissenters

The transcript discusses the recent interest rate hike by the MPC, highlighting the debate over the extent of the increase. It touches on the unwinding of quantitative easing and its impact on market yields, particularly in the UK. The conversation also explores the influence of rising energy costs on economic policy and potential future rate hikes. The discussion concludes with considerations of how these factors might affect economic growth and consumer behavior.

What was the recent interest rate hike delivered by the MPC?

• 15 basis points

• 75 basis points

• 50 basis points

• 25 basis points

What is the primary factor influencing the current economic adjustments discussed in the second section?

• Unemployment rates

• Stock market fluctuations

• Energy prices

• Housing market trends

How far back do the current UK yield levels go, as mentioned in the second section?

• 2018

• 2015

• 2011

• 2008

What is one potential consequence of rising energy costs and interest rates discussed in the final section?

• Higher employment rates

• Economic contraction

• Stable inflation

• Increased consumer spending

What action is the energy regulator taking in response to rising energy costs?

• Freezing the energy cap

• Raising the energy cap

• Abolishing the energy cap

• Lowering the energy cap