Birdwatch Note Rating
2024-04-16 11:01:10 UTC - HELPFUL
Rated by Participant: C17D71C06F33F0204B945AA2E0542469031599DD1136997C3561BA799D1321B8
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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