Birdwatch Note Rating
2021-10-24 22:18:43 UTC - HELPFUL
Rated by Participant: 76EED10C5BE0C01A2F42B70359CD1F48
Participant Details
Original Note:
“Hyperinflation is defined by a threshold in the rate of increase in prices of 50% per month by one definition, 1000% per year by another.” “However, the Fed’s forecasts (does) leave room for inflation to remain around 5% for the remainder of 2021.”https://www.sciencedirect.com/topics/economics-econometrics-and-finance/hyperinflation https://www.forbes.com/sites/simonmoore/2021/09/22/fed-ups-inflation-forecast-may-raise-rates-in-late-2022/
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