Birdwatch Note Rating
2024-04-17 09:55:07 UTC - HELPFUL
Rated by Participant: 4CB8751B9241DEE9BBA536EB6BFBCC8C460F22E9C354B0C3287D9C5250D89D3F
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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