Birdwatch Note Rating
2025-08-07 19:32:38 UTC - HELPFUL
Rated by Participant: 2EA8D98E5B14BAF7791DC065F48E69F5AEC62D2D08F95B1D47374EB09A4B667C
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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