Birdwatch Note Rating
2024-05-26 11:56:45 UTC - SOMEWHAT_HELPFUL
Rated by Participant: A24C8D422730821066CC530A5C064726EE593039D0DC11C66E822294F325D35A
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