Birdwatch Note Rating
2024-03-28 10:53:18 UTC - HELPFUL
Rated by Participant: 6588A850ED8821B892C4DED8842827C1B95BDD67AF5A63DDAF45E3DDCEFCD9A3
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