Birdwatch Note Rating
2024-10-31 20:42:58 UTC - HELPFUL
Rated by Participant: 2C6E7454966D2D5C84ECA424429A58EF4BB90A67C69180C4BC6FFA73F79806C3
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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