Birdwatch Note Rating
2024-11-01 09:51:49 UTC - HELPFUL
Rated by Participant: FA7B1B4C3CD66FBA63A6CA3C10017DEC587B70E79C9FA8BBAC380EC1D87802E6
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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