Birdwatch Note Rating
2024-08-01 18:33:06 UTC - HELPFUL
Rated by Participant: 729F81CCD34DA1ED160F8364B1151AC092BC9A19D1D920C288707B4EC609624B
Participant Details
Original Note:
The Bank of England is mandated by the UK govt to manage rates to hit target inflation levels - its activity is not a direct reflection of public finances. Here’s the BOE’s explanation: https://www.bankofengland.co.uk/explainers/why-are-interest-rates-in-the-uk-going-up#:~:text=In%20the%20years%20between%201975,increase%20the%20return%20on%20savings.
All Note Details