Birdwatch Note Rating
2024-04-16 12:47:46 UTC - HELPFUL
Rated by Participant: 1AC96F4D8E5D4A02FD88E5ECD3C204666C5FEF009E2E637DBA77B104002EE053
Participant Details
Original Note:
Interest rates in the UK are set by the Bank of England which, since 1997, has been operationally independent of the government. https://www.bankofengland.co.uk/explainers/how-is-the-bank-of-england-independent-of-the-government From the beginning of 2022 the Bank of England, in line with other central banks, has been raising interest rates to tackle global high inflation. https://www.bankofengland.co.uk/monetary-policy/inflation
All Note Details