I think you can tell by looking at graphs of interest rates for any other major economy - e.g. US rates went up at a similar time, same shows in a graph of any other country I've tried to Google (France, Sweden, us so far)
Edit: Fred's graph shows this pretty neatly
Didn’t something happen in 2020
Yeah but what's your point?
@Light_EDDed started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
I think you can tell by looking at graphs of interest rates for any other major economy - e.g. US rates went up at a similar time, same shows in a graph of any other country I've tried to Google (France, Sweden, us so far)
Edit: Fred's graph shows this pretty neatly