Birdwatch Note Rating
2024-10-31 21:09:33 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 884B07C0F9376DE6CF8ACA9650437244CC88162AF488F6F47665544F34731A84
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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