BOE 'Has No Good Choices,' Has to Raise Rates, Posen Says

The video discusses the Bank of England's dilemma in managing inflation and interest rates amidst Brexit uncertainties. It highlights the potential impact of a Brexit transitional deal on economic policy and the risks of inflation if the deal fails. The Bank faces tough choices between stabilizing the economy and controlling inflation, reminiscent of challenges from the 1970s and 80s.

What concerns does the Bank of England have regarding inflation expectations?

How does Brexit influence the Bank of England's policy decisions?

What trade-offs is the Bank of England facing in its current policy approach?

What are the potential consequences if the UK does not secure a transitional deal with the EU?

In what ways might the Bank of England respond to a significant economic downturn?