Birdwatch Note Rating
2024-11-01 13:01:16 UTC - HELPFUL
Rated by Participant: 65B93F7CD6128A77AB8A2EF4F1A2C1489C24B79F97351023E1F8764CC4C3B992
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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