BOE Holds Rates Steady in Carney’s Final Meeting

The video discusses the economic implications of Brexit, highlighting the need for potential policy support if recovery stalls. It covers the decision to maintain interest rates and the market's reaction, including the Footsie and cable rate movements. Experts debate the challenges faced by central banks in a low growth, low inflation environment, emphasizing the importance of policy insurance and the role of fiscal policy.

Discuss the potential consequences of a 'Boris bounce' on the economy.

What role does fiscal policy play in the context of low growth and low inflation?