Birdwatch Note Rating
2025-08-09 09:31:58 UTC - HELPFUL
Rated by Participant: BE3F52F79C1D36DA7061AA22A49A8FE31E3F2DE42962E2192BC4EA7D31BB13CC
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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