Birdwatch Note Rating
2021-10-24 22:38:29 UTC - HELPFUL
Rated by Participant: DCC84D273E75B3DDBC697C1AF5C72C658D568E7F1E0F34824408F37B5F51CCF8
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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