Birdwatch Note Rating
2024-04-17 07:54:15 UTC - NOT_HELPFUL
Rated by Participant: 8CBA427D2288013F1C3DEA650AA1CC5D65A04F4F858EBCAE7E49DE30AF1A5B28
Participant Details
Original Note:
The government of Liz Truss did not cause higher mortgage 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. The rise in UK rates mirrored that in other major economies. 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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