Birdwatch Note Rating
2025-08-07 13:20:14 UTC - NOT_HELPFUL
Rated by Participant: D27AD431410F3B28C4E259E818CAA3A13702475CFDE9C34AA78EDC2446184B8D
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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