Carney: Economic Weakness Reflects Brexit Referendum

The transcript discusses the slowdown in economic growth, highlighting the impact of the UK's EU membership referendum on uncertainty and inflation projections. It examines how asset prices and market perceptions influence the Monetary Policy Committee's (MPC) projections, particularly regarding the sterling exchange rate. The MPC assumes continued EU membership in its forecasts, expecting uncertainty to decrease post-referendum.

What assumptions has the MPC made regarding EU membership in their projections?

In what way does the current outlook for inflation compare to previous forecasts?