Carney: 'Absolutely Serene' on BOE Brexit Grilling

The transcript discusses the economic and monetary policy responses following a referendum. It highlights the initial reactions, the role of the Financial Policy Committee, and the steps taken by central banks to address liquidity pressures. The analysis covers the economic response, focusing on business investment and consumer sector resilience. It also examines the risks to monetary policy and the decisions made by the committee to provide stimulus. Finally, it outlines potential future directions for monetary policy, including interest rate adjustments and economic stabilization efforts.

What was the overall sentiment expressed about the comments made by the MPC and the FTC?

How did the liquidity pressures relate to the contingency measures taken?

What risk did the referendum represent to monetary policy according to the committee?

What was the anticipated next move in monetary policy if the outcome had been different?

What signs of stabilization in the economy were mentioned?