Birdwatch Note Rating
2025-08-08 13:06:16 UTC - HELPFUL
Rated by Participant: 20004DF485F52978B2A052B42EB156E0164FF668DC71D16BBB86D5BF50B81393
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