Birdwatch Note Rating
2024-04-17 20:52:31 UTC - HELPFUL
Rated by Participant: 07D230ED4272B6107B5F76DB42B0A0EB36E9C227BADC35048192E3BE5FE2AA60
Participant Details
Original Note:
The Bank of England, not the UK Government, is responsible for lowering inflation by increasing Interest Rates. This has been the case since Chancellor of the Exchequer at the time, Gordon Brown, made the Bank of England independent in 1997. https://committees.parliament.uk/publications/42289/documents/210852/default/#:~:text=7%20However%2C%20just%20a%20few,with%20respect%20to%20monetary%20policy.
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