Birdwatch Note Rating
2024-10-31 21:50:27 UTC - HELPFUL
Rated by Participant: 0C6B922EF99B1066AAB81FFAC674EA2B278A12C4C1B2D3B38A1C0D5456F98D8E
Participant Details
Original Note:
The UK economy is not “on the brink”, the pound fell by 0.7% against the euro and has mostly stabilised at market close. The graph is also incredibly misleading as it starts at 665.00 and ends at 671.00 making the downward trajectory look more dramatic than the reality. https://www.reuters.com/markets/currencies/sterling-ticks-higher-investors-expect-fewer-boe-rate-cuts-2024-10-31/
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