Birdwatch Note Rating
2024-03-28 16:00:24 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 19BBBAD07729CF9632AF5E948C2C3911B3941EC0308C714F109D03B978A7B617
Participant Details
Original Note:
This is misleading as it only examines the outcome. The actions of Liz Truss required the BoE to step-in and rapidly purchase bonds to stabilize the guilts market, avoiding the crash that her actions likely would have otherwise resulted in. https://www.theguardian.com/uk-news/2023/jan/12/bank-of-england-completes-sale-of-19bn-emergency-bond-purchases-after-mini-budget
All Note Details