Birdwatch Note Rating
2025-08-08 05:53:28 UTC - NOT_HELPFUL
Rated by Participant: 814354675F2545E73401E4A0B6B47AE8A9156C1D9EDF1156832FDB817FC6812A
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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