Birdwatch Note Rating
2024-10-31 23:10:20 UTC - HELPFUL
Rated by Participant: 1CEC7911B00FE382BA2E855CD435D8DAA8BF735D0CB0DF6760DB19256A3BFCE1
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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