Birdwatch Note Rating
2024-04-17 21:16:36 UTC - HELPFUL
Rated by Participant: 34E5E32139834AFFF9DCA5CF0390209161D8FA9409444FE8D5947C627F0FCE0A
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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