Birdwatch Note Rating
2024-02-06 12:26:08 UTC - HELPFUL
Rated by Participant: 905035DF25D7AB257462D76E486A9B8F8B826113F877AD810EE53995BC05BCE5
Participant Details
Original Note:
The budget did have an affect but… “[Bailey] He said the BoE had acted after the violent market moves which exposed the "flaws in the strategy and structure" of a lot of pension funds.” Those flaws were not detected by the BoE until the were exposed. https://www.reuters.com/world/uk/boes-bailey-says-stronger-rates-response-needed-fight-inflation-2022-10-15/
All Note Details