Interview with Bank of England Governor Andrew Bailey on Brexit

The video discusses the timing of trade agreements, focusing on the UK's departure from the customs union and single market. It highlights the adjustment costs and the importance of goodwill in minimizing economic impacts. The potential effects of a no-deal scenario on GDP are considered, along with the influence of the US election on global financial markets.

How does the speaker view the importance of a trade agreement in the context of the current economic situation?

What are the potential adjustment costs associated with the UK leaving the customs union and single market?

In what ways does the speaker suggest that goodwill can minimize costs during the adjustment period?

What is the speaker's perspective on the impact of a no-deal scenario on GDP?

What concerns does the speaker express regarding the uncertainty of the US election and its effects on the global economic outlook?