Birdwatch Note Rating
2025-08-08 07:24:28 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 0FBF3A6055580EB3DCC2DC3B45DD329FB1308A68E1AEA554D62305C0A5F99640
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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