Birdwatch Note Rating
2024-04-16 20:08:31 UTC - HELPFUL
Rated by Participant: 936FA24149B0170872A6B3632A90FF87F48C0E0C8A82C1AF3F402DAA9FD6C832
Participant Details
Original Note:
Interest rates were raised globally by countries to combat high inflation. The Bank of England in the UK is independent of the UK Government and decisions to raise interest rates is a matter of the Bank of England. https://www.bankofengland.co.uk/explainers/how-is-the-bank-of-england-independent-of-the-government https://www.bbc.co.uk/news/business-50837114 https://www.statista.com/topics/8378/inflation-worldwide/#topicOverview
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