Birdwatch Note Rating
2024-04-17 09:25:51 UTC - HELPFUL
Rated by Participant: BFAF9D3B277C6E93A0B0CE9E6BB8520FA00DBB8E004268D96EB767ABB0BDF0EA
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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