Birdwatch Archive

Birdwatch Note

2023-07-16 12:03:30 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Misleading insinuation that the inflation reduction act lead to inflation decrease. Raising interest rates to lower inflation: https:https://www.nbcnews.com/business/economy/how-raising-interest-rates-helps-fight-inflation-high-prices-recession-rcna33754 https://www.nytimes.com/2023/03/22/business/federal-reserve-interest-rates-banks.html Little to no inflation impact from act, but about climate, health care and tax: https://apnews.com/article/inflation-biden-health-congress-climate-and-environment-63df07e15002c01fb560a6f0e69fcb03 https://www.npr.org/2022/08/11/1116229743/inflation-reduction-act-questions-answered There are also more parts to inflation: https://econofact.org/what-different-measures-of-inflation-tell-us

Written by 7BB250FB4FA1DD8E8600F2BEC8166969FC94F551147EDD87546E4EC23361CFED
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• Misleading insinuation that the inflation reduction act lead to inflation decrease. Raising interest rates to lower inflation: https:https://www.nbcnews.com/business/economy/how-raising-interest-rates-helps-fight-inflation-high-prices-recession-rcna33754 https://www.nytimes.com/2023/03/22/business/federal-reserve-interest-rates-banks.html Little to no inflation impact from act, but about climate, health care and tax: https://apnews.com/article/inflation-biden-health-congress-climate-and-environment-63df07e15002c01fb560a6f0e69fcb03 https://www.npr.org/2022/08/11/1116229743/inflation-reduction-act-questions-answered There are also more parts to inflation: https://econofact.org/what-different-measures-of-inflation-tell-us