Birdwatch Note Rating
2025-08-08 02:57:55 UTC - HELPFUL
Rated by Participant: E72AF22E3D9FB277A4B238F2A02056AC5E08D914FE0C0B0F9D7AD35AADBBE6FF
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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