Birdwatch Archive

Birdwatch Note Rating

2024-07-03 09:29:36 UTC - NOT_HELPFUL

Rated by Participant: AAE3DC1D8FC710961A10D3651EB329577DAF648EB5A6676429A39AFFDCC68F20
Participant Details

Original Note:

Inflation is the rate at which prices rise. Mortgage rates are based off the bank of England base rate Increasing payments on mortgages cannot directly bring down inflation as suggested. An increase in mortgage payments is likely to increase inflation opposed to decrease it https://www.bankofengland.co.uk/explainers/what-is-inflation https://www.money.co.uk/mortgages/bank-of-england-base-rate

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Original Tweet

All Information

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