Is Brexit Causing Real U.K. Wage Pressure?

The video discusses the economic pressure from rising inflation and its impact on real wages, highlighting the Bank of England's challenges in meeting its inflation targets. It examines unemployment rates and market indicators, noting high vacancy levels and regional employment trends. The video critiques Mark Carney's role in shaping economic sentiment post-Brexit, suggesting his actions may have contributed to negative perceptions. Finally, it explores monetary policy decisions, including interest rate cuts, and forecasts future economic conditions, emphasizing the need for careful management of inflation and growth expectations.

What has been the trend in real wages compared to inflation since early 2015?

How has the weak pound affected pay awards according to the text?

What does the unemployment rate indicate about the labor market, and how is it described in the text?

What concerns are raised about Mark Carney's influence on the UK economy?

What is the significance of the break-even rate mentioned in the text?