BOE Could Cut Rates for First Time in 7 Years

The video discusses the upcoming Bank of England rate decision, highlighting the UK's poor economic data and the need for aggressive monetary policy actions. It explores potential strategies like rate cuts and QE, and the challenges posed by the current mortgage market. The discussion also covers asset purchase options and the limitations of monetary policy in the current economic climate.

In what ways has the composition of the mortgage market changed since the last rate cuts?

What challenges does the Bank of England face in implementing monetary policy in the current economic climate?