Using the Transmission Mechanism, What happens when Bank Rates tanks?

-Other Interest Rates, Mortgages and Savings, will Fall as a Result [Cheaper to Borrow] -Asset Prices [Houses and Shares] will Increase as it will be Bought more due to the Borrowing Increase -This also makes the Exchange Rate Fall, meaning Exports Increase. Overall, AD Increases -Import Prices will Increase, and Inflation will also Increase as well