Birdwatch Note Rating
2025-08-07 12:18:09 UTC - HELPFUL
Rated by Participant: 3DBBD557E8BB72BF6CAFF72DDCC1B577524C732878DD1BF54A274670BF556E89
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