Birdwatch Note Rating
2024-04-16 14:17:06 UTC - HELPFUL
Rated by Participant: D2A083875C89E0AEC36FA6F1D7E3255AB46C3D848218A23B6C59C39B73F7CA98
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