Birdwatch Note Rating
2025-08-07 20:34:56 UTC - HELPFUL
Rated by Participant: 0BB6FD3A1D72B4E235498CF1509B1415838199DA0E640F96647E44F04AC498D9
Participant Details
Original Note:
Interest rates are set independently by the Bank of England not government, cutting rates whilst inflation is above its 2% target generally indicates other issues such as financial instability or economic growth. Previous occurrences are during Covid & the 2008 Financial crash. https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate
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