Birdwatch Note Rating
2025-08-08 07:07:42 UTC - HELPFUL
Rated by Participant: 1DE960009242751A0EEA77231BF79A6ED4432D8E00D12D6BA41A4031504E636D
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
All Note Details