Birdwatch Archive

Birdwatch Note

2023-05-26 15:42:00 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

According to JP Morgan, inflation is being driven by higher energy prices, food, rent and consumer goods not addressed by the Inflation Reduction Act (IRA). The IRA was primarily a spending bill on climate initiatives and health care subsidies. https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/market-updates/on-the-minds-of-investors/how-will-the-inflation-reduction-act-impact-the-economy/

Written by B4D0285D53141B8368D72D69A6F24F43F6B95EC4B29505444CA8E1AA2BFAC3E8
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• summary
• According to JP Morgan, inflation is being driven by higher energy prices, food, rent and consumer goods not addressed by the Inflation Reduction Act (IRA). The IRA was primarily a spending bill on climate initiatives and health care subsidies. https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/market-updates/on-the-minds-of-investors/how-will-the-inflation-reduction-act-impact-the-economy/