Birdwatch Note Rating
2024-08-02 10:18:56 UTC - HELPFUL
Rated by Participant: A22A9F3F52EFE7DE26A79F5573C23A9974FC489DD9246B4F88510701727BD12D
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