CBI Chief Economist on BOE Decision

CBI Chief Economist on BOE Decision

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the Bank of England's decision to delay interest rate hikes amid inflationary pressures and supply chain issues. It explores market reactions and the potential impacts of future rate rises on the UK economy. The conversation also touches on the transition to a low carbon economy, highlighting the challenges and opportunities in balancing economic growth with sustainability goals.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do the speaker's views suggest that interest rate rises will have on the economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker relate the transition to a low carbon economy with inflation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of a disorderly transition to a low carbon economy?

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