Birdwatch Note Rating
2024-10-31 20:47:36 UTC - HELPFUL
Rated by Participant: 6E13A24C3CC03D1A34DAE32E0A0BB6924182AD07B0DEC605E0C15FC2D789579D
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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