Birdwatch Note Rating
2024-04-16 20:08:20 UTC - HELPFUL
Rated by Participant: 936FA24149B0170872A6B3632A90FF87F48C0E0C8A82C1AF3F402DAA9FD6C832
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Original Note:
The UK is not unique in experiencing higher interest rates. Central banks have been raising base rates since the end of 2021 in order to tackle high inflation caused by variety of shocks to the global economy. https://www.statista.com/chart/21070/main-policy-interest-rates-in-selected-countries-and-regions/ https://en.wikipedia.org/wiki/2021%E2%80%932023_inflation_surge
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