Birdwatch Note Rating
2025-08-07 12:49:52 UTC - HELPFUL
Rated by Participant: 73D8E3D4F44AB750797A1C7CC9724C76CCE77C735E7F73816B6014C09CE5D77D
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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