British Pound Could Drop 10% If No Brexit Deal, Says Wraith

The video discusses the current market sentiment and negotiation dynamics as the Brexit deadline approaches. It analyzes the position of sterling and its potential economic impacts, considering both deal and no-deal scenarios. The effects of Brexit on inflation and monetary policy are explored, with a focus on the MPC's guidance. The discussion extends to interest rates and potential economic scenarios, including the possibility of negative rates. Finally, alternative economic measures such as QE and term funding schemes are considered as tools to support the economy.

How does the speaker view the likelihood of negative interest rates in the context of Brexit?

What measures might the Monetary Policy Committee (MPC) take in response to economic conditions post-Brexit?

What alternative strategies could the MPC employ instead of cutting rates into negative territory?